Atlantic met coal trade sees limited offers on demand, US costs

摘要

London—Atlantic met coal markets on Wednesday saw US costs supporting spot values, with soft demand continuing. Limited offer interest from the US to follow prompt-loading Australian-blended mid-vol trades to China was seen. The increased supply and concentration in spot trade for semipremium mid-vol coals from Australia bound for China may be becoming less relevant for tracking US trade values as they are not benchmark low-vols, and offers in the Atlantic have declined as demand has weakened in most global markets.