Trading activity in the seaborne coking coal market was muted on Monday January 15, though offers on an online trading platform have retreated.
Cargoes of premium hard coking coal with a February laycan were offered at around $250 per tonne and $260 per tonne fob Australia on the platform, according to market sources. "There is no justification for such high prices now that the supply situation is easing," a buyer source told Metal Bulletin.A mill source in China said that a trader had informed him about ample availability of February and March...