Atlantic coking coal markets slipped Wednesday on delays in closing business, and China’s worsening streak of weak demand affecting global spot prices. There were expectations that price negotiations with US suppliers would allow regular business to continue and blends to remain stable, given the caveat of relatively easily switching to use other brands from the US, or elsewhere, on spot or contract, sources looking at long-term purchasing said. “They’ll have to acknowledge the lower prices sooner than later,” a buyer of US coal said.
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