Seaborne metallurgical coal prices inched down Wednesday on limited buying. S&P Global Platts assessed Premium Low Vol coal down 50 cents to $211.75/mt FOB Australia, while the CFR China assessment was down 25 cents to $211/mt Wednesday. In China, an impasse remains between buyers and sellers. "We are not in a deep discussion with buyers," a seller said. He added that Chinese buyers appear to be in no hurry, and buying interest has remained relatively low this week. "They are waiting to see if the last trade of $214-$215/mt for Premium Low Vol is repeatable," the seller said. Two offers for Premium Low Vol Saraji were indicated around $218-$220/mt CFR China for early- March and mid-April laycan. Both are for Panamax cargo size.
展开▼
