COKING COAL DAILY: Seaborne prices tumble on lack of demand

By Sophie Zhao / April 18, 2018 / www.metalbulletin.com / Article Link

Seaborne coking coal prices fell further on Wednesday April 18 amid subdued demand for the steelmaking raw material.

Half a Panamax cargo of a top Australian brand changed hands at $199.50 per tonne cfr China while the other half was traded against an index, sources told Metal Bulletin during the day. A similar product was heard offered at $198 per tonne cfr China on Wednesday. A cargo of premium mid-vol hard coking coal was also traded at $190.50 per tonne cfr China during the day, mirroring a transaction involving similar materials late on...

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