COKING COAL DAILY: Spotlight on Chinese port restrictions

Concerns about widening restrictions on imported coal at Chinese ports took center stage on Tuesday July 16, even as trading activity in the spot market remained subdued.

A branded cargo changed hands at $180 per tonne fob Australia on the Global Coal platform, sources said during the day. The trade was not included in the calculation of Fastmarkets’ fob DBCT index as it fell outside the eight-week delivery window, a requirement for data to be eligible for inclusion in index calculation among other factors. The port of Caofeidian in Hebei province has restricted customs clearance declarations to only local...

Published

Deepali Sharma

July 16, 2019

12:38 GMT

Singapore