COKING COAL DAILY: Seaborne market more active with trades and offers

December 13, 2018 / www.metalbulletin.com / Article Link

Trading in the seaborne coking coal spot market picked up on Wednesday December 12 after more firm offers and bids emerged.

A January-laycan cargo of unbranded materials was transacted at $219 per tonne fob Australia during a day, Fastmarkets has heard.In China, a top Australian brand with late December laycan was offered at $212 per tonne cfr China during the day, market sources said.However, no counter bids were heard at the time of writing, with Chinese buyers holding out for the result of a miner's tender for a similar product tomorrow."There will be...

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