Seaborne coking coal market in deadlock

By Sophie Zhao / January 08, 2018 / www.metalbulletin.com / Article Link

The seaborne coking coal market remains deadlocked on Monday January 8 as buyers opt to sit on the sidelines while sellers are not lowering their offers.

Metal Bulletin's indices are all unchanged for the day, at $211.20 per tonne cfr China and $257.39 per tonne fob Australia for premium hard coking coal, and $190.20 per tonne cfr China and $187.73 per tonne fob Australia for hard coking coal. "Our monthly consumption of imported coking coal has hit an all-time low: it has fallen to around 40,000 tonnes per month (tpm) from...

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