DAILY: China's seaborne met coal market mute as buyers sidelined

Source: Mysteel Jun 28, 2023 11:25

China's seaborne import metallurgical coal market remained mute on Tuesday, as the fluctuating sentiment in domestic market held back buyers' procuring plans temporarily.

At northern Chinese ports, buyers' inquiries for spot imported cargoes increased slightly alongside mild rebounds in coke and coking coal futures prices on Dalian Commodity Exchange yesterday. However, transactions haven't immediately improved as traders still sat on the sidelines waiting for more clarity of the market direction, while leaving

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