Actual transaction is not much in seaborne coal market: CCTD View
Time:2019-10-16 18:01:30 Source: cctdcoal.com
The sentiment of the seaborne coal market continued to turn bad, and the traders' quotations continued to fall.
In order to reduce inventory, some sellers' low-sulphur coal prices are mostly down by 3-5 yuan/mt, and the transaction price is generally 5 yuan/mt below the price index. While high-sulfur coal quoted with a price of more than 5 yuan/mt below the price index. But there was little interest in the market.
On the whole, the downstream user's wait-and-see sentiment is stronger, and the actual transaction is not much.