Seaborne coking coal prices increase on Chinese buying activity

By Deepali Sharma / February 06, 2018 / www.metalbulletin.com / Article Link

Seaborne coking coal prices moved up on Tuesday February 6, with tightness in domestic Chinese supply heard to be fueling demand.

A premium low volume cargo was heard to have traded at $231.5 per tonne cfr China this week, market sources said. "Chinese buyers have a good appetite for prompt cargoes but I am not convinced they would pay similar prices for cargoes with a laycan in March," a trader...

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