Asia met coal prices steady, weak demand likely to continue

Prices for metallurgical coal in Asia were largely unchanged on Friday June 9, even while market participants continued to price-in bearish expectations for the start of the next quarter, Fastmarkets has heard.

Key drivers
There was some market chatter about a transaction in the spot market on Friday.

A major Australian miner was heard to have sold a July-laycan Panamax-sized cargo of...