COKING COAL DAILY: Seaborne prices slide on sustained pessimism

Seaborne coking coal prices ended this week lower, with Chinese end users flagging limited interest for imports amid expectations that the downtrend in the market will continue.

A cargo of premium mid-vol hard coking coal was traded at $198 per tonne cfr China, while a cargo in the same segment traded at $193 per tonne fob Australia, sources told Fastmarkets on Friday January 11. “Chinese end users are well stocked and the alleviation of port restrictions and subsequent clearance of cargoes by customs has only made...

Published

Deepali Sharma

January 11, 2019

10:50 GMT

Singapore