Forward cargoes of seaborne coking coal continued to fetch lower prices on Friday March 15 while those for April-laycan shipments held steady.
On the Global Coal trading platform, a July-laycan cargo in the branded segment was traded at $196 per tonne fob Australia, while a bid for an April-laycan cargo in the same segment was made at $212.50 per tonne, up $0.50 per tonne from the last bid. The trade involving the July cargo was not included in the calculation of Fastmarkets' index because it fell outside the laycan window specified in the methodology. A June-laycan cargo in the...