COKING COAL DAILY: Improving sentiment sends cfr China prices higher

Prices on a cfr China basis in the seaborne coking coal market picked up on Thursday January 17 following the emergence of some optimism among traders in the country.

A cargo of premium mid-vol hard coking coal scheduled for loading in February was traded around $191-192 per tonne cfr China a day earlier, various sources told Fastmarkets MB during the day. This is $1-2 per tonne higher than the previous transaction involving similar materials concluded just two days earlier. A cargo of a top Australian brand with a mid-February laycan also changed hands at around $195 per tonne cfr China during the day, Fastmarkets MB heard. But this pick-up appears to have caught...


Sophie Zhao

January 17, 2019

10:45 GMT