COKING COAL DAILY: Seaborne market declines further

June 27, 2019 / www.metalbulletin.com / Article Link

Seaborne coking coal prices weakened further on Wednesday June 26, and market participants are not expecting them to pick up anytime soon.

A cargo of a top Australian brand, scheduled for loading over July 10-24, was sold to a northeastern end user at $200 per tonne cfr China."Two other top Australian brands were offered at $202 per tonne and $203 per tonne cfr China, so evidently this was the best bet," a source with knowledge of the transaction said.A southern...

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