COKING COAL DAILY: Lower prices boost Chinese demand for premium low-vol products

Interest for seaborne premium low-vol coking coal is picking up in China following recent price drops for such cargoes.

A shipment of top-tier product scheduled for loading in August was traded at $191.50 per tonne cfr China, sources told Fastmarkets on Friday July 12. Prices for premium low-vol materials on a cfr China basis have fallen by around $6-7 per tonne since the beginning of this month. A buyer source in China is expecting supply of top-quality premium low-vol products tighten, amid limited offers from miners. Another buyer source in the country said that he might return to the spot...

Published

Deepali Sharma

July 12, 2019

11:57 GMT

Singapore