COKING COAL DAILY: Seaborne prices hit three-year low

Seaborne coking coal prices have fallen to a three-year low while the segment for premium products appear to be diverging into two distinct tiers due to sustained Chinese demand for low-vol materials and fewer takers for mid-vol cargoes.

Premium hard coking coal, fob DBCT: $128.19 per tonne, down $12.47 per tonne
Premium hard coking coal, cfr Jingtang: $154.98 per tonne, down $6.45 per tonne
Hard coking coal, fob DBCT: $122.50 per tonne, unchanged
Hard coking coal, cfr Jingtang: $132.76 per tonne, down $7.25 per tonne
Low-vol PCI, fob DBCT: $98.94 per tonne, unchanged
Low-vol PCI, cfr Jingtang: $107.75 per tonne, unchanged

Cargoes of premium mid-vol hard...

Published

Deepali Sharma

September 20, 2019

12:40 GMT

Singapore