Trading was thin in the seaborne coking coal spot market on Wednesday October 10 amid a wide gap between bids and offers.
A cargo of premium hard coking coal was offered at $232 per tonne fob Australia during the day, while a bid was made for it at $210 per tonne fob Australia."End users in China can take their time because there are 2.1 million tonnes of imported coking coal at the Port of Jingtang [in Tangshan, Hebei province], of which around 900,000 tonnes may be offered [for sale at the port in yuan terms] while the rest belongs to end users in Tangshan," a Beijing-based...