Chinese mills mopping up spot met coal cargoes

摘要

Prices for metallurgical coal cargoesdelivered to China rose Wednesday on strongerdomestic prices amid higher truck freight andrenewed dealmaking for lower grade material.Premium Low Vol Hard Coking Coalwas assessed up $7.50/mt day on day fromTuesday at $198.50/mt CFR China Wednesday.Second-tier coal was assessed up 50 cents at$186.50/mt CFR China Wednesday, or $178.90/mt FOB Australia.