COKING COAL DAILY: Seaborne premium cfr China index jumps; Japanese demand seen recovering

The seaborne premium hard coking coal price in the China cfr market leapt by 3.4% day on day on Wednesday June 24 due to deals agreed at higher prices, while demand for seaborne coking coal in Japan is increasing gradually, market participants told Fastmarkets.

Fastmarkets indices
Premium hard coking coal, fob DBCT: $113.79 per tonne, up $0.86 per tonne
Premium hard coking coal, cfr Jingtang: $122.83 per tonne, up $4.07 per tonne
Hard coking coal, fob DBCT: $89.57 per tonne, unchanged
Hard coking coal, cfr Jingtang: $101.01 per tonne, up $1 per tonne

An 80,000-tonne cargo of premium mid-volatility hard coking coal, July 20-29 laycan, was traded at $117 per tonne cfr China, with an option to replace it with another brand of premium...

Published

Li Min

June 24, 2020

14:59 GMT

Shanghai