Seaborne coking coal prices continued to descend on Monday June 25 amid uncertainty over macroeconomic conditions in China and the availability of cheaper domestic materials in the country.
A tender for a cargo of premium mid-vol hard coking coal was concluded last Friday at $200.06 per tonne cfr China, while a shipment of pulverized coal injection (PCI) product changed hands at $145.50 per tonne cfr China, market sources told...