COKING COAL DAILY: Seaborne prices fall further on weak demand

By Sophie Zhao / June 27, 2018 / www.metalbulletin.com / Article Link

Seaborne coking coal prices fell on Wednesday June 27 amid weak demand.

"Coke plants [in China] have a lot of coking coal in their inventories, about 7-15 days' worth," a Chinese trader told Metal Bulletin. A second trader said the coking coal market "is definitely moving in a downward trajectory." As such, he think "it's pointless to make offers at...

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