COKING COAL DAILY: Outlook bearish but spot prices hold firm
Seaborne coking coal prices were largely stable on Friday February 28, although some market participants in China said that a correction was likely due to rising concerns about the global macroeconomic situation given the spread of the novel coronavirus (2019-nCoV) outside China.
Premium hard coking coal, fob DBCT:
$162.05 per tonne, unchanged
Premium hard coking coal, cfr Jingtang:
$168.53 per tonne, down by $0.48 per tonne
Hard coking coal, fob DBCT: $144.50 per tonne,...