Participants in the seaborne coking coal spot market retreated to the sidelines following a flurry of transactions in the first half of this week.
"After end-users reentered the market in the last couple of days, and news that coke prices are on the rise[in China's Hebei and Shanxi province], there has been a boost in sentiment but we still prefer to wait a bit more," a Beijing-based trader told Metal Bulletin on Thursday August 2. At the Port of Jingtang in Hebei's...