COKING COAL DAILY: Market participants await clearer price trend

Participants in the seaborne coking coal market kept to the sidelines on Thursday February 28 to wait for a clearer price trend to emerge.

“There is an offer for a cargo of a top Australian brand of materials, scheduled for loading in early April, via a miner’s tender that will conclude tomorrow. There will be some clarity on prices then,” a Chinese trading source said. A second Chinese trader is of the opinion that there would be only limited increases in the coking coal market because coke prices...

Published

Sophie Zhao

February 28, 2019

10:35 GMT

Shanghai