Participants in the seaborne coking coal market are keeping a close eye on Chinese buying activity while they gauge the raw material's price direction in the New Year.
A small cargo of premium mid-vol material changed hands at $203 per tonne cfr China, market sources said on Friday December 28.Earlier in the day, an offer for premium hard coking coal material was heard at $198 per tonne cfr China, with a low-vol cargo heard offered around $204 per tonne on a cfr China basis.One premium mid-vol...