Seaborne coking coal spot prices continued to trend downward on Tuesday June 4 amid deteriorating sentiment in the market.
Offers in the cfr China segment were mostly unrevised, however, according to various sources."We are still waiting for interested buyers or indicative bids. If there is no interest from end users, it would be pointless to lower our offers," a Chinese trading source said.A second Chinese trader echoed the sentiment and expressed a willingness to negotiate with...