COKING COAL DAILY: Improving sentiment raises seaborne prices

A turnaround in sentiment in China sent seaborne coking coal prices higher on Thursday January 24.

A miner’s tender for a cargo of premium mid-vol hard coking coal with an end-February laycan was concluded at $198.37 per tonne cfr China, sources told Fastmarkets during the day. On trading platform Global Coal, a March-loading cargo of premium hard coking coal in the unbranded segment changed hands at $197 per tonne fob Australia. A similar cargo, but in the branded segment, was traded at the same price on Wednesday. “We retracted an offer made earlier in the day because...

Published

Sophie Zhao

January 24, 2019

11:04 GMT

Shanghai