A widening gap between bids and offers is keeping the seaborne coking coal market deadlocked.
Market sources said on Friday May 18 that a miner was offering a cargo of premium low-vol hard coking coal with a late-July laycan via a tender that was to have been concluded at 6pm Singapore time, which is beyond the 5.30pm cut-off time for data collection for Metal Bulletin's daily coking coal indices. Sources tendered bids at $195-197...