COKING COAL DAILY: Outlook turns bearish

Market participants flagged a bearish outlook on seaborne coking coal prices in the coming weeks, citing the dwindling attractiveness of imported cargoes for Chinese buyers.

Fastmarkets indices Premium hard coking coal, fob DBCT: $143.81 per tonne, down $2.59 per tonne Premium hard coking coal, cfr Jingtang: $161.53 per tonne, unchanged Hard coking coal, fob DBCT: $129.36 per tonne, unchanged Hard coking coal, cfr Jingtang: $141.14 per tonne, unchanged Low-vol PCI, fob DBCT: $99.39 per tonne, unchanged Low-vol PCI, cfr Jingtang: $106.50 per tonne, unchanged “The gap between imported and domestic cargoes has been narrowing as the...

Published

Deepali Sharma

October 30, 2019

10:05 GMT

Singapore