Seaborne coking coal prices stable as China stays away

Seaborne coking coal prices held firm on Friday January 12, with fob Australia offers for premium hard coking coal cargoes still above $255 per tonne.

Market sources said the continued absence of Chinese demand was the main reason for the limited number of spot fixed-price transactions. Buyers in China have been on the sidelines this year amid ample domestic supplies at lower prices than the current seaborne...

Published

Deepali Sharma

January 12, 2018

10:58 GMT

Singapore