Offers for second-tier products emerged in the seaborne coking coal market on Wednesday September 11 after several weeks of inactivity.
Premium hard coking coal, fob DBCT: $149.64 per tonne, down $1.12 per tonne Premium hard coking coal, cfr Jingtang: $169.39 per tonne, up $0.13 per tonneHard coking coal, fob DBCT: $131.75 per tonne, down $2.26 per tonneHard coking coal, cfr Jingtang: $150.26 per tonne, down $2.75 per tonneLow-vol PCI, fob DBCT: $98.94 per tonne, unchangedLow-vol PCI, cfr Jingtang: $111.77 per tonne, unchangedAt least two cargoes of second-tier Australian materials were offered during the day, Chinese market sources said. No bids were heard at the time of writing.An Indian buyer source said that the slump in the market had resulted in Russian second-tier coal being...