WEEKLY: China seaborne met coal price stable, trade drops

Chinese prices of seaborne metallurgical coal were generally stable over July 6-10, as the market cooled last week when fewer bid and offer activities were observed, according to sources.
On July 10, Mysteel’s imported coal price for premium low-volatile coking coal was unchanged on week at $127.5/tonne CFR North China. Also unchanged was the price of domestically mined low sulphur (0.6% maximum) premium coking coal at Yuan 1,286.9/t including the 13% VAT, or equivalent to $162.7/t excluding the tax,


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