Asia met coal largely stable amid unchanged fundamentals; bullish sentiment remains
Asian metallurgical coal prices were largely stable on Tuesday July 25 amid unchanged market fundamentals, sources told Fastmarkets. Bullish sentiment continued to prevail in spot markets and more market participants are starting to be wary of further price increases.
Key drivers
A major Australian miner was heard to be in the spot market seeking interest for H2-August shipment cargoes, although it was not immediately clear whether quantities were available.
