COKING COAL DAILY: Prices flat amid Chinese holiday

China’s public holiday for the Dragon Boat Festival kept the seaborne coking coal market muted for a second day on Friday June 26.

Fastmarkets indices
Premium hard coking coal, fob DBCT:
$113.79 per tonne, unchanged
Premium hard coking coal, cfr Jingtang: $122.83 per tonne, unchanged
Hard coking coal, fob DBCT: $89.57 per tonne, unchanged
Hard coking coal, cfr Jingtang: $101.01 per tonne, unchanged
A bid for an August-laycan cargo of Peak Downs was made during the day on a trading platform at $115 per tonne fob Australia, according to a Singapore-based trading source.
A bid was also made for an August-laycan cargo of premium mid-volatility hard coking coal at $108.50 per tonne fob Australia, he said.
But no transactions were concluded in the absence of offers.
Chinese market participants are expected to return on Monday.
Dalian Commodity Exchange
Closed for public holiday.




Alex Theo

alex.theo@fastmarkets.com

Published

Alex Theo

June 26, 2020

11:29 GMT

Singapore