The gap between cfr China and fob Australia prices for premium hard coking coal appears to be narrowing, with offers on the latter basis continuing to drop.
A cargo of premium hard coking coal is being offered around $230 per tonne fob Australia, compared with $235 per tonne fob earlier this week, market sources told Metal Bulletin on Thursday January 18. Cargoes of premium products were also heard offered on a cfr China basis around the...