COKING COAL DAILY: Prices for premium products fall below $190 per tonne cfr China

Seaborne coking coal prices retreated on Thursday July 11, which left some participants in China surprised over the quantum of the decline, though they had no doubts about the direction of the market.

A cargo of premium hard coking coal was heard to have been traded at $186 per tonne cfr China, down $5 per tonne compared with a transaction involving the same brand earlier this week. “I am not sure why the seller lowered the price to this degree but I agree with the trend,” a trader source said. Another cargo of premium product was also...


Deepali Sharma

July 11, 2019

12:29 GMT