COKING COAL DAILY: Chinese buying pushes up prices

Seaborne coking coal prices moved up on Monday October 14 after Chinese end users returned to the spot market for the first time after a holiday in the first week of the month to mark China’s National Day.

Fastmarkets indices
Premium hard coking coal, fob DBCT: $146.62 per tonne, unchanged
Premium hard coking coal, cfr Jingtang: $164.36 per tonne, up $4.86 per tonne
Hard coking coal, fob DBCT: $123.13 per tonne, unchanged
Hard coking coal, cfr Jingtang: $134.07 per tonne, unchanged
Low-vol PCI, fob DBCT: $98.94 per tonne, unchanged
Low-vol PCI, cfr Jingtang: $106.52 per tonne, unchanged

A cargo of premium hard coking coal with an October loading date was traded at $162 per tonne cfr China over the weekend, sources told Fastmarkets on...

Published

Deepali Sharma

October 14, 2019

12:45 GMT

Singapore