Seaborne coking coal continued to slide last week as fundamental demand remains weak. However, buyers have returned to the market at lower prices.
Kallanish assessed premium hard coking coal at $245.56/tonne fob Australia, down $37.04/t from $282.6/t the previous week.
On the Singapore Exchange, Premium Coking Coal Futures for December settled at $254.67/t fob on Friday, down $5/t from $259.67/t fob a week earlier.
According to a trader, 75,000 tonnes of BH…
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