Seaborne coking coal spot market was largely unchanged on Monday July 30 after a flurry of transactions last week.
A cargo of lower-ranked second-tier hard coking coal with an early-August laycan was traded at $165 per tonne cfr China. "The seller will be bearing the cost of demurrage due to the congestion at the arrival port. The demurrage cost is equivalent to around $3 per tonne, hence we agreed to the price," the buyer told Metal Bulletin. A cargo of a higher-ranked product in...