COKING COAL DAILY: China-bound cargoes fetch lower prices

Prices for seaborne coking coal cargoes bound for China fell further on Thursday June 20.

A shipment of a top Australian brand, scheduled for loading over July 22-31, was sold to an international trader at $203.08 per tonne cfr China, various sources told Fastmarkets. This is $2.18 per tonne lower than a transaction involving the same brand that was concluded just a week earlier. A July-loading cargo of premium mid-vol hard coking coal also changed hands at $198.50 per tonne cfr China during the day. A lower-ranked brand in the same segment was traded at $201 per tonne cfr China earlier this week. “No doubt...

Published

Sophie Zhao

June 20, 2019

11:33 GMT

Singapore