COKING COAL DAILY: Offers for second-tier cargoes emerge but trading still subdued

Offers for second-tier products emerged in the seaborne coking coal market on Wednesday September 11 after several weeks of inactivity.

Premium hard coking coal, fob DBCT: $149.64 per tonne, down $1.12 per tonne
Premium hard coking coal, cfr Jingtang: $169.39 per tonne, up $0.13 per tonne
Hard coking coal, fob DBCT: $131.75 per tonne, down $2.26 per tonne
Hard coking coal, cfr Jingtang: $150.26 per tonne, down $2.75 per tonne
Low-vol PCI, fob DBCT: $98.94 per tonne, unchanged
Low-vol PCI, cfr Jingtang: $111.77 per tonne, unchanged
At least two cargoes of second-tier Australian materials were offered during the day, Chinese market sources said. No bids were heard at the time of writing.

An Indian...

Published

Deepali Sharma

September 11, 2019

12:42 GMT

Singapore