Seaborne coking coal prices were steady on Thursday February 14, with port restrictions in China and concern over supply from Queensland, Australia continuing to cloud market participants' outlook.
A prompt cargo of premium hard coking coal changed hands at $203.50 per tonne cfr China, market sources told Fastmarkets during the day.A bid was made for a cargo of the same type of materials at $207 per tonne fob Australia, they added.Chinese market participants said that the long customs clearance time - exceeding a month - might alter their procurement strategies in the coming weeks, especially when it comes to top-quality materials that are difficult...