Higher offers and concerns over possible supply disruptions gave the seaborne coking coal market a boost on Thursday May 2 despite the absence of Chinese participants during the day.
"I made an inquiry for a cargo of premium mid-vol hard coking coal for loading in June. But the miner told me that the particular cargo could fetch more than $205 per tonne fob Australia due to tight supply," an Indian end-user source said.He added that he had been informed of issues at two of the coal producer's mines. The miner could not be reached for comment at the time of writing,...