A May-laycan cargo of premium hard coking coal in the branded segment was traded at $204 per tonne fob Australia, while a bid for an April-laycan shipment in the same segment was made on the platform at around $212 per tonne fob Australia during the day, sources said.
Meanwhile, cfr China offers were also heard to have fallen during the day. Premium mid-vol materials were heard offered around $205-210 per tonne cfr China.
A bid was heard made for a cargo of low-vol pulverized coal injection materials at around $129 per tonne fob Australia.
Even as prices dropped on Wednesday, logistical issues persisted in Queensland, Australia.
Australian rail freight operator Aurizon...