The seaborne coking coal spot market continues to weaken with offers falling further and transactions being concluded below previous levels.
A cargo of premium low-vol hard coking coal was heard traded at $213 per tonne fob Australia while another was traded around $207-208 per tonne cfr China. A shipment of lower-ranked second-tier hard coking coal changed hands around $173-174 per tonne fob Australia, almost $8-9 per tonne lower than a...