The seaborne coking coal market experienced further decline on Friday July 13 following the latest offers for premium products being made on a trading platform that are some $20 per tonne lower than the last ones.
Two cargoes of branded materials were offered on Global Coal at $180-182 per tonne fob Australia during the day, after a couple of weeks of inactivity.A bid was made for a shipment of unbranded premium hard coking coal at $165 per tonne fob Australia, which compares with one made at $171 per tonne fob a week ago.In the late afternoon, a cargo of unbranded product was offered on the platform $185...