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 buyer source said that the slump in the market had resulted in Russian second-tier coal being...

Published

Deepali Sharma

September 11, 2019

12:42 GMT

Singapore