COKING COAL DAILY: Seaborne prices strengthen unexpectedly

The seaborne coking coal market picked up some strength on Friday April 12 with transactions being concluded at higher-than-expected prices.

A May-loading cargo of premium low-vol hard coking coal was sold at $200.77 per tonne cfr China to a Chinese trader, according to various sources in China. The same product was offered at $200 per tonne cfr on Thursday. A May-laycan cargo of premium mid-vol hard coking coal was also sold at $205 per tonne fob Australia...

Published

Sophie Zhao

April 12, 2019

12:12 GMT

Shanghai