The lull in the seaborne coking coal market persisted on Wednesday November 21 with Chinese end users maintaining a bearish outlook amid a drop in domestic coke prices in China.
"Our coking coal inventories are still at a moderate level of around half a month, hence we don't intend to procure any imported materials for the time being. Our selling price for coke will fall by 100 yuan ($14.40) per tonne starting from [Thursday]," a Tangshan coke plant source said.The coke plant is lowering its selling price for metallurgical...