Even after good demand of Australian coking coal from China and Japan, Australian coking coal market remain stable as most of the suppliers already out of stock for September volumes and offering for October delivery. However buyer's unwillingness to conclude on higher prices, which is keeping Australian coking coal prices stable. Buyers from China are keep checking Australian Coking coal market, as considering the slow market current prices are still very high for buyers. Australian suppliers are willing to sell Premium grade Hard coking coal on CFR basis at USD 164-167MT.
China is still having coking coal stock at around 7.5 MnT and mills are booking imported coal from traders only.
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