COKING COAL DAILY: Seaborne spot prices move in different directions

February 13, 2019 / www.metalbulletin.com / Article Link

Seaborne coking coal spot prices moved in different directions on Tuesday February 12 on the back of higher bids and lower offers.

On the Global Coal Platform, a cargo of unbranded materials, loading in April, changed hands at $205 per tonne fob Australia, sources said. An offer of a top Australian brand was heard at $204 per tonne cfr China during the day, down from $205.50 per tonne a day earlier. A counterbid was heard at $200 per tonne cfr China, Fastmarkets heard.Uncertainties around when ports restrictions on Australian metallurgical coal in China will be lifted persist, with an end user in southern China saying that...

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