COKING COAL DAILY: Seaborne prices rise further on improved sentiment

Higher bids amid improved sentiment among seaborne coking coal market participants culminated in higher spot prices on Wednesday January 23.

A February-laycan cargo of a top Australian brand was sold at $198.50 per tonne cfr China to a northern Chinese end user, various sources said. A cargo of branded materials, scheduled for loading in March, also changed hands at $197 per tonne fob Australia on trading platform Global Coal during the day. Bids for a lower-ranked premium hard coking coal were also heard at $186 per tonne fob Australia and...

Published

Sophie Zhao

January 23, 2019

10:55 GMT

Shanghai