The downward momentum in the seaborne coking coal market weakened on Thursday January 10, with sellers standing firm by their offers.
Cargoes of premium hard coking coal were heard offered at around $200-202 per tonne cfr China during the day, unchanged from those at the beginning of this week, according to various market sources.Various buyers in China have also submitted bids for premium mid-vol hard coking coal at a discount to indices, sources told Fastmarkets."The current market conditions have proven to be too...