The seaborne coking coal spot market was largely stable on Tuesday December 18 with offers not deviating too far from recently transacted prices.
Top Australian brands were heard offered around $210-212 per tonne cfr China while a cargo of second-tier hard coking coal was heard offered around $197 per tonne cfr China."There may be some interest for [seaborne coking coal] cargoes arriving in December, but end users are still hesitant about purchasing cargoes with laycan in January and beyond partly due to their pessimistic outlook for the market," a southern...