Ex-China prices weakened in the seaborne coking coal spot market on Tuesday September 18, though participants remained largely bullish.
An October-laycan cargo of a top Australian brand of coking coal was sold at $210 per tonne fob Australia to a North Asian end-user. A cargo of the same brand had changed hands at $222 per tonne cfr China just a day earlier.A mill source in Hebei's Tangshan told Metal Bulletin that he remained bullish about the market outlook, and this was due to three factors:"The moderate level of coking coal inventory at our coke...