Tag: Australian Coking Coal Prices
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Australian Coking Coal Prices Inching Lower As Bearish Market Sentiment Prevails
Seaborne metallurgical coal prices have been edging downwards over the past two weeks with no trades taking place, as most Chinese buyers refrained from actively procuring imported cargoes, on expectations of a weakening market ahead. Market sources indicated that prices for various types of domestic coal in the Chinese market would soften. Nevertheless, seaborne coking coal…