The seaborne coking coal market lost ground on Tuesday March 13 after a trade was reportedly done at a lower level.
A top Australian brand with a March-laycan changed hands at around $220-221 cfr China, according to various sources. End users in China continued to stay on the sidelines in anticipation of lower prices, after as premium hard coking coal cargoes transacted some $6-14 per tonne cfr China lower than a week ago. "Sellers are...