COKING COAL DAILY: Have prices reached a bottom?

Seaborne coking coal prices were flat on Friday August 23, leaving segments of the market wondering if they have bottomed out.

Fastmarkets indices Premium hard coking coal, fob DBCT: $153.67 per tonne, unchanged Premium hard coking coal, cfr Jingtang: $166.12 per tonne, unchanged Hard coking coal, fob DBCT: $138.76 per tonne, unchanged Hard coking coal, cfr Jingtang: $153 per tonne, unchanged Low-vol PCI, fob DBCT: $105 per tonne, unchanged Low-vol PCI, cfr Jingtang: $111.77 per tonne, unchanged While trading was muted in the seaborne market, a source at a Chinese steel mill said that prices might not fall further after the recent spate of decreases. Prices have fallen steadily since...

Published

Deepali Sharma

August 23, 2019

11:47 GMT

Singapore