COKING COAL DAILY: Seaborne market showing mixed signals

The gloomy sentiment in the seaborne coking coal market showed no signs of abating on Thursday June 13 in the absence of a clear trend for prices.

A July-loading cargo of branded materials was traded at $193.50 per tonne fob Australia on trading platform Global Coal during the day, according to various sources. This is down $3.50 per tonne compared with a transaction involving the same brand of materials just a week ago. A miner sold a June-loading shipment of a top Australian brand to a Chinese trader at $205.26 per tonne cfr China via a tender, sources said during the day. This is $0.59 per tonne higher than the last transaction involving the same brand that was concluded last week. Most...


Sophie Zhao

June 13, 2019

11:44 GMT