Seaborne coking coal market still weak despite pick-up in trades

The premium segment of the seaborne coking coal market experienced a pick-up in trading activity this week, according to participants.

A cargo of mid-vol product in the segment was traded around $177 per tonne fob Australia, market participants told Metal Bulletin on Friday October 20.
A cargo of premium unblended product with higher moisture content has also changed hands around $171-172 per tonne fob Australia, sources added.

Fixed-price fob Australia transactions involving premium hard coking coal in the spot market had been scant in recent weeks amid a lack of buying activity among Chinese traders as well as because end-user buyers in other parts...

Published

Sophie Zhao

October 20, 2017

11:49 GMT

Singapore