There was little movement in the seaborne coking coal market on Monday February 26 with participants waiting for Chinese buyers to set the tone for prices.
Cargoes of premium hard coking coal were heard offered around $245 per tonne fob Australia while bids were indicated around $20 per tonne below that level, sources told Metal Bulletin. Both buyers and sellers are waiting for Chinese market participants to make their return after breaking for the Lunar New Year. China was officially off for a week from February 15, but many in the...