Seaborne coking coal market quiet with participants gearing up for holiday

By Sophie Zhao / February 12, 2018 / www.metalbulletin.com / Article Link

The seaborne coking coal market had a muted start to the week with many participants already in a holiday mood ahead of a weeklong break in China for the Chinese New Year.

"There was a slew of transactions last week since Chinese end-users had not been procuring materials in the seaborne market in a while but it has been interrupted by the upcoming holiday," a southern Chinese end-user source told Metal Bulletin on Monday February 12. China will break for a week from Thursday.Late last week, Chinese media, citing a local government document, reported that...

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