Asian met coal trade fires up amid limited availability

摘要

The metallurgical coal market sawhealthy spot liquidity Monday as participantsanticipated supply tightness would continue,especially in the prime hard segments.Healthier steel margins, especially inChina with yet another rally in steel prices,also appeared to be boosting buying interest."Traders are the most active buyers right now,and they want to take a position because theythink prices are moving up," a steelmaker ineast India said. "For premium coal, everyone istalking $90/mt plus [FOB Australia] now."