The pessimism in the seaborne coking coal market is not showing any signs of letting up with sellers lowering their offers for the steelmaking raw material on Tuesday April 24.
Offers for premium hard coking coal were heard around $180-185 per tonne cfr China during the day, compared with $185-192 per tonne cfr a day earlier."There are still May-laycan cargoes in the market, and June-laycan cargoes are emerging," a trading source said. "I've put in an indicative bid of $170 per tonne...