Coking coal trading muted due to offer-bid mismatch

Thursday, 21 April 2022 17:17:09 (GMT+3)   |   Istanbul

Buying activity in the Australian coking coal market has slowed down recently due to the mismatch between offers and bids. In particular, today, April 21, a 75,000 mt cargo of ex-Australia premium hard coking coal, for 11-20 June laycan, has been offered at $555/mt FOB, while bids have been voiced not higher than $500/mt FOB. Previously, on April 19, a 75,000 mt cargo of ex-Australia low-volatility hard coking coal (HCCLV), with May laycan, was traded at $514/mt FOB Australia, as SteelOrbis reported earlier. 

 

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