COKING COAL DAILY: Seaborne prices drop further on bearish outlook

Seaborne coking coal prices fell across the board on Tuesday March 31, with market participants expecting further price declines due to weak demand outside China.

Fastmarkets Indices
Premium hard coking coal, fob DBCT: $146.17 per tonne, down $1.56 per tonne
Premium hard coking coal, cfr Jingtang: $154.25 per tonne, down $1.29 per tonne
Hard coking coal, fob DBCT: $131.01 per tonne, down $3 per tonne
Hard coking coal, cfr Jingtang: $140.50 per tonne, down $1 per tonne
There were no transactions reported on Tuesday March 31.

Most market participants are now turning the second-quarter demand outlook, which they forecast...

Published

Li Min

March 31, 2020

11:37 GMT

Jincheng