COKING COAL DAILY: Seaborne prices stable after little changed offers, bids

The seaborne coking coal spot market moved sideways on March 7 following trades that concluded at similar levels compared with previous trades in the week.

A cargo of premium mid-vol hard coking coal cargo changed hands at $210.75 per tonne fob Australia, up $0.75 per tonne from a similar cargo that traded earlier in the week, sources said. Meanwhile, there was talk in the market that rail operations at the Central Queensland Coal Network (CQCN) - owned by rail freight operator Aurizon - could be affected by industrial action over the next two days. “There could potentially be a few train cancellations on the Goonyella and Newlands...


Sophie Zhao

March 07, 2019

10:20 GMT