The seaborne coking coal market softened further on Tuesday July 2, with offers continuing to fall while buyers kept to the sidelines to see how much more prices could fall.
On the Global Coal trading platform, a cargo of unbranded materials was offered during the day at $186 per tonne fob Australia, and a shipment of branded materials, at $191 per tonne fob Australia. Both are August-laycan cargoes.These are both $2 per tonne lower than offers of $188 per tonne fob Australia and $193 per tonne fob respectively a day earlier.Meanwhile, a Japanese steelmaker and...