COKING COAL DAILY: Murky outlook for seaborne market

By Sophie Zhao / May 15, 2018 / www.metalbulletin.com / Article Link

The outlook for the seaborne coking coal market remains unclear, with buyers and sellers not seeing eye to eye when it comes to prices.

A cargo of low-ranked premium hard coking coal was offered at $192-193 per tonne cfr China on Tuesday May 15, which resulted in a $7-8 per tonne gap with end-users' bids.There are at least three cargoes of premium low-vol materials and seven cargoes of premium mid-vol materials with May and June laycan being offered in the spot market, according to...

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