COKING COAL DAILY: Buyer resistance drags down cfr China prices

April 30, 2019 / www.metalbulletin.com / Article Link

Spot prices for seaborne coking coal sold to China fell on Monday April 29 despite a strengthening metallurgical coke market.

A cargo of a top Australian brand that is already headed for China was sold to a mill in the country's northeastern region at $205.95 per tonne cfr China, various sources confirmed.This is around $2 per tonne below a transaction involving the same brand that was concluded at $208.08 per tonne cfr China last Friday."This is more in line with the market price since [today's] buyer was an end...

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