Author: Aditya Sinha
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Australian coking coal prices steady; shipping rates inch higher
Australian hard coking coal prices remained steady this week, amid lower price indications and relatively fewer bids. A pair of spot transactions was concluded earlier this week for premium coking coals. A trade was concluded at $111/t FOB Australia for 75,000 t of Australian premium low-volatile (PLV) with early-June laycan. Another trade was done at…