Seaborne met coal prices slip onslow demand, oversupply concerns

摘要

Seaborne metallurgical coal pricesinched lower Wednesday amid continued slowdemand and what was still perceived to be anoversupplied market.Platts assessed Premium Low Vol hardcoking coals 50 cents lower at $82.25/mtCFR China, or $75.85/mt FOB Australia, afternetting back Panamax freight. Second-tiercoals also declined by 50 cents to $79/mt CFRChina, or $72.60/mt FOB Australia after nettingback for freight.