COKING COAL DAILY: Seaborne prices stable on dearth of activity

March 21, 2019 / www.metalbulletin.com / Article Link

Trading in the seaborne coking coal spot market remained largely muted on Wednesday March 20 despite the emergence of slightly lower offers.

A top Australian brand with a laycan of April 20-29 was sold to an end user in northern China at $212 per tonne cfr China, sources told Fastmarkets. The transaction was heard after the cut-off time for Fastmarkets' indices, and as such was not included in the day's calculation.Earlier, a cargo of premium mid-vol hard coking coal was heard offered around $206 per tonne cfr China, down $2 per tonne from a week earlier. Apart from that, a...

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