The seaborne coking coal market remained in a stalemate on Thursday December 20 with offers made at prevailing levels failing to pique the interest of buyers.
"I was offered three cargoes of premium low-vol hard coking coal at around $210-212 per tonne cfr China during the day. Though sellers said there is room for negotiation, I'm not ready to commit yet," a northeastern Chinese mill source said.A Chinese trader echoed the sentiment."End users are generally unwilling to buy at this juncture. Seaborne prices are still not attractive enough for them to take the risk of buying now, because buyers expect prices...