COKING COAL DAILY: Trading activity muted despite rising steel prices

March 19, 2019 / www.metalbulletin.com / Article Link

The seaborne coking coal market was muted on Monday March 18 following a flurry of trades involving forward cargoes last week.

A May-laycan cargo of premium hard coking coal was heard offered at $214 per tonne fob Australia during the day. A May-laycan cargo in the same category had changed hands at $204 per tonne fob Australia last week.Second-tier cargoes were heard offered at around $192-194 per tonne cfr China, unchanged from the offer range at the end of last week.Over 500,000 tonnes of coking coal - mainly premium products - changed hands in...

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