Supply concerns push motallurgicacoal market higher globally

摘要

Stability characterisedmetallurgical coamarkets during May, withprices staying flat for much of themonth as deals remained elusiveThe drop in activity occurredbecause buvers in China and Indiafor the most part felt comfortablysupplied, while suppliers-seeingmarkets tighten as port delays grewbaulked at offering loweringprices. Healthy availability ocoal for June delivery contrastswith heightened concerns overAustralian supplies for July, andas we enter June, the price impasselooks to be breaking Prices movedupward on the last day of the May,suggesting thal supply concerns arecoming to the fore again.