COKING COAL DAILY: Buyers await cues on the sidelines

March 29, 2019 / www.metalbulletin.com / Article Link

Seaborne coking coal prices were stable on Thursday March 28, with market participants awaiting the outcome of a miner's tender for direction.

A cargo of second-tier hard coking coal was heard offered at $186 per tonne cfr China. The was no word of the cargo being sold by 6pm, the data collection cut-off time for the Fastmarkets MB daily coking coal indices.In the premium hard coking coal segment, a miner issued a tender during the day for an April-laycan cargo. Market participants were waiting for this tender to be concluded to get a sense of direction for prices.The last transaction involving a cargo of...

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