Coking coal market improves with little buying interest and increase in trading volume.
“Demand is increasing and market sentiments are positive, sources from China said. Currently, the price for Premium Low-Volume is at $149/MT FOB Australia. Whereas, Grade of HCC 64 MID-Volume is at $132/MT.
A market participant in India said, “There is no such reason for rise of prices”, whereas on the other hand a source from china said people are buying because they believe that prices have no scope for further correction.
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