Participants in the seaborne coking coal market continued to take a wait-and-see approach on Tuesday March 20.
A top Australian brand with an approaching loading date was offered at $221 per tonne cfr China while an April-laycan cargo of premium hard coking coal was offered at $211 per tonne fob Australia during the day, according to market sources. Despite a lack of clarity over the direction of the Chinese coke market, domestic coking coal prices in the country are expected to stay supported until at least the end of this...