COKING COAL DAILY: Seaborne market quietens down after activity spurt

Participants took a breather from the seaborne coking coal spot market on Thursday April 18 following a flurry of trades earlier this week.

“We are not in a hurry to offer at the moment, especially since the loading dates for our shipments have been pushed back to May,” a Chinese trading source said. Meanwhile, at the Port of Jingtang in China’s steelmaking hub of Tangshan, a brand of premium low-vol hard coking coal was offered at 1,640 yuan per tonne during the day - equivalent to about $210 per tonne cfr China...


Sophie Zhao

April 18, 2019

11:58 GMT