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.

Fastmarkets indices
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,...

Published

Li Min

February 28, 2020

12:18 GMT

Singapore