Asia-Pacific met coal sellers offer wider discounts to move cargoes

摘要

Asia Pacific metallurgical coal prices fell for thefifth consecutive session Monday as sellers continuedoffering wider discounts to move cargoes amid feebledemand in China.Premium hard coking coal fell 75 cents to $114.50/mtCFR China, which equates to a Panamax-netbackcalculation of $106.30/mt FOB Australia. Prime hard priceshave fallen $4.50 since the beginning of the year. Plattsassessed HCC 64 Mid Vol prices down 75 cents at $106.75/mt CFR China Monday.