COKING COAL DAILY: Chinese buying activity supports prices [CORRECTED]

Seaborne coking coal prices were flat on Tuesday September 10, with Chinese market participants anticipating some strength in prices towards the end of the year but expecting downward pressure in the short term.

Fastmarkets indices Premium hard coking coal, fob DBCT: $150.76 per tonne, down $1.44 per tonne Premium hard coking coal, cfr Jingtang: $169.26 per tonne, up $0.19 per tonne Hard coking coal, fob DBCT: $134.01 per tonne, unchanged Hard coking coal, cfr Jingtang: $153.01 per tonne, down $0.25 per tonne Low-vol PCI, fob DBCT: $98.94 per tonne, unchanged Low-vol PCI, cfr Jingtang: $111.77 per tonne, unchanged A premium mid-vol cargo changed hands at $168-169 per tonne cfr China, market participants told Fastmarkets on Tuesday, with some expressing surprise...


Deepali Sharma

September 10, 2019

12:17 GMT