COKING COAL DAILY: Seaborne prices edge lower on looming Indian demand concerns

Seaborne coking coal prices dropped on Thursday March 26 due to ex-China market participants - particularly those in India - continuing to hold a bearish view on demand, although there was some optimism that prices were approaching a bottom.

Fastmarkets Indices
Premium hard coking coal, fob DBCT: $153.03 per tonne, down $1.88 per tonne
Premium hard coking coal, cfr Jingtang: $158.25 per tonne, up $0.07 per tonne
Hard coking coal, fob DBCT: $140.01 per tonne, down $1.63 per tonne
Hard coking coal, cfr Jingtang: $146.84 per tonne, down $1.16 per tonne
No transactions were heard during the day.

A trader source from China said the current prices...

Published

Li Min

March 26, 2020

12:27 GMT

Jincheng