COKING COAL DAILY: Import hurdles not stopping cfr China trading activity

Seaborne coking coal prices remained largely muted on Thursday July 18, with trading activity confined to the cfr China segment despite mounting concerns about import restrictions at ports in the country.

Two cargoes of premium mid-vol hard coking coal were traded at around $185 per tonne cfr China, sources told Fastmarkets during the day.
The cargoes were heard to have been sold by traders despite concerns emerging this week over Chinese authorities in northern China restricting customs declarations to only local end users.

Another cargo of premium materials was also heard offered at $186 per tonne cfr China during the day, unchanged...


Deepali Sharma

July 18, 2019

11:49 GMT