COKING COAL DAILY: Buyers hold out for clearer cues

The seaborne coking coal market remained muted on Thursday April 11 with participants still holding out for clearer cues to emerge.

“The import restrictions still remain a main hurdle for many end users who have been told to wait up to 60-90 days for a shipment to reach them,” a trader based in northeastern China said. He was referring to unofficial obstacles that have emerged at ports in some parts of China, where cargoes are put through an extended customs clearance process...

Published

Sophie Zhao

April 11, 2019

12:00 GMT

Shanghai