Prices in the seaborne coking coal spot market are on the rise with higher bids emerging among buyers.
The highest bid for a cargo of premium mid-vol materials at a miner's tender was submitted by a trader at around $193 per tonne cfr China, sources told Metal Bulletin on Thursday September 6. The outcome of the tender was not known at the time of writing.The highest bid made for a similar product before this was $190 per tonne cfr China.According to Metal Bulletin's record, all the cargoes sold this week were bought by traders. End-users in China appear to be still taking a...