Coking coal market tries to awaken from recent slumber

摘要

The metallurgical coal market is far from booming, but some industry sources are beginning to see signs of life. Suppliers, trying to resuscitate a near comatose market, will take whatever spot activity they can get while term negotiations continue with little progress. There are reports of some improved shipping schedules on the part of some buyers, and some cargos reportedly have recently sold at around 135-140 dollars/metric tonne at the port.