The seaborne coking coal spot market was stable on Wednesday May 2, although market sentiment was generally more positive.
"The market had earlier fallen too much, and this is a normal correction," a trading source said. Premium low-vol cargoes with May and June laycan were heard offered against index with 4% premium, according to a northeastern end user. "We haven't started offering yet as there's still time, but we received some indicative bids from both end users and...