COKING COAL DAILY: Import suspension at some Chinese ports creates uncertainty

An informal suspension of coal imports at ports in the eastern Chinese province of Jiangsu province and some parts of southern China has raised uncertainties in the seaborne coking coal market, though the country’s downstream steel market strengthened on Thursday November 14.

Fastmarkets indices
Premium hard coking coal, fob DBCT: $134.53 per tonne, down $0.88 per tonne
Premium hard coking coal, cfr Jingtang: $149.24 per tonne, down $0.58 per tonne
Hard coking coal, fob DBCT: $121.70 per tonne, unchanged
Hard coking coal, cfr Jingtang: $134 per tonne, unchanged
Low-vol PCI, fob DBCT: $99.39 per tonne, unchanged
Low-vol PCI, cfr Jingtang: $101.16 per tonne, unchanged

Reports emerged on Wednesday that port authorities in Jiangsu province had imposed a total suspension on imports of thermal...

Published

Deepali Sharma

November 14, 2019

11:40 GMT

Singapore