Falling freight pushes met coal CFR China prices lower

摘要

Singapore—The Asia-Pacific metallurgical coal market was generally calm Wednesday with CFR prices lowered due to a slight dip in Panamax freight. Prices had almost stabilized, sources agreed, though two miners said they continued to see a wide gap between bids and offers. There was some concern among miners about whether traders would continue to lower prices in order to liquidate their positions.