COKING COAL DAILY: Trading thin but seaborne prices supported

Prices in the seaborne coking coal spot market remained supported on Tuesday February 26 with sellers not in a hurry to issue firm offers just yet.

“The port market has been doing well with prices moving strength to strength. This will rub off on the seaborne market too,” a Chinese trading source said. At the Port of Jingtang in Tangshan, Hebei province, some 30,000 tonnes of a lower-ranked premium hard coking coal was traded at around 1,665 yuan per tonne - equivalent to around equivalent of $208 per...

Published

Sophie Zhao

February 26, 2019

10:33 GMT

Shanghai