COKING COAL DAILY: Prices stable ahead of weekend

Sellers in the seaborne coking coal market are taking their time to liquidate their existing cargoes, keeping prices for the steelmaking raw material flat.

“We are not in a hurry because prices at [the Port of Jingtang in Hebei province’s Tangshan] are still strong. If buyers are unwilling to pay $193-195 per tonne cfr China [in the seaborne market], we would rather make a ‘landing sale,’” a trader told Metal Bulletin on Friday...

Published

Sophie Zhao

May 25, 2018

11:30 GMT

Singapore