Sentiment in the ex-China segment of the seaborne coking coal market has deteriorated further following a trade involving a cargo of premium materials that was concluded below prevailing levels.
A July-laycan cargo of branded materials changed hands on trading platform Global Coal at $197 per tonne fob Australia late on Thursday, various sources told Fastmarkets on Friday June 7. The transaction was done between two international traders, they said.This is down $6 per tonne from a deal involving a similar brand in the same segment that was concluded two...