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WEEKLY: China's imported met coal market stays lukewarm

ABSTRACT

Over October 18-22, China's imported coking coal market including seaborne cargoes and Mongolian coal were generally lukewarm, as most of Chinese buyers have adopted a wait-and-see stance amid the persistently high imported coal prices while ebbing demand, according to market sources.
By October 22, Mysteel's premium medium-volatile (PMV) coking coal price, mainly referring to the non-Australian PMV coal trading, rose moderately by $3/tonne on week to $613/t CFR North China, or a new high since the assessment started on November 4 2019, even though the weekly gain had slowed in pace,

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