The seaborne coking coal market continues to await transactions to underline price direction, although expectations of a weakening market are gathering momentum.
"Any buying interest would be below $250 per tonne fob Australia now," a seller source said, adding that enquiries for second-tier materials remain robust. A buyer source said that the lack of interest from China, coupled with alleviating supply tightness were also factors contributing to the drop in seaborne coking...