COKING COAL DAILY: Mixed trends emerge in seaborne market

Prices in the seaborne coking coal spot market moved in opposite directions on Friday March 1, with some Chinese buyers becoming more willing to pay more for materials while fob Australia offers start to show some weakness.

A top Australian brand was sold via a miner’s tender at around $217-218 per tonne to a Chinese trader, sources said during the day. A cargo in the same segment was traded around $214-215 per tonne cfr China last week. A March-loading cargo of lower-ranked second-tier hard coking coal was also sold at around $195 per tonne cfr China to an end user in...

Published

Sophie Zhao

March 01, 2019

10:45 GMT

Shanghai