COKING COAL DAILY: Seaborne values tumble on lower-priced trades

The lull in the seaborne coking coal market was broken on Friday December 7, with two transactions taking place during the day.

A premium mid-vol hard coking coal changed hands at $220 per tonne fob Australia while a similar cargo in the same category traded at $206 per tonne cfr China, sources told Fastmarkets. Both cargoes are loading in January. Premium hard coking coal cargoes for January loading were heard offered at around $210-215 per tonne cfr China while bids came in at around $200-205 per tonne cfr China, according to...


Sophie Zhao

December 07, 2018

12:09 GMT