Seaborne coking coal prices were firm on Tuesday January 30, with sellers expecting interest from Chinese buyers for seaborne cargoes to support trading activity.
A premium low-vol cargo was heard to have changed hands at around $215 per tonne cfr China, market sources said on Tuesday. This follows a trade on a higher-ranked cargo at $217.50 per tonne cfr China at the end of last week. Domestic coal transportation in China is strained due to the harsh winter conditions, a seller source told Metal Bulletin. "With buyers in the country having sat on the sidelines since end December, the recent pick-up in...