The Atlantic coking coal market Wednesday sawparticipants putting on a brave face amid the change in tone asAustralian prices continued to make consecutive declines this month,suggesting the next benchmark must find support at the $300/mtmark to ensure any relevancy.A regional participant saw the benchmark as something to viewbut deals for US coals at least were happening independent of it asbefore. US low-vol coal sales for Q1 ahead of the new accord at fixedprices were occurring, while some Alabama coal sales were limited byoutput constraints and prior price arrangements, where someformulas may be in place.
展开▼
