CFR China market rangebound ahead of Chinese parliament

摘要

Perth, Singapore - Buying interest stayed muted at south China's trading hubs for imported thermal coal Tuesday, and CFR delivered prices were rangebound at $86/mt and remain capped by competitively priced domes- tic thermal coal, traders said. The Chinese spot market has lacked direction for several weeks, and international traders were hoping that a key meeting of the Chinese parliament next week could provide a fillip to demand.