The seaborne coking coal market remained quiet on Friday June 29 on subdued demand and sustained bearish sentiment.
"Despite the lack of trades, premium materials should still be assessed at around $195-200 per tonne fob Australia. It would be challenging to get a premium cargo below this range," an Indian trader said. "There are too many uncertainties at the moment. The looming China-US trade war, ambiguity over import policies and yuan depreciation are keeping people away from the market," an international trader said....