Seaborne premium hard coking coal prices rebounded on Monday May 11, with Chinese buyers driving trading activity at the end of last week, resulting in market participants' estimates of workable prices also moving upward.
Fastmarkets indicesAn 85,000-tonne cargo of premium low-volatility hard coking coal, with June 20-29 laycan, was traded at $123.33 per tonne cfr China, while another June 21-30 laycan cargo of the same brand and volume was traded at $123.40 per tonne...