COKING COAL DAILY: Seaborne prices relatively stable due to Chinese demand

Seaborne coking coal prices were relatively stable across the board on Friday July 24, with Chinese steel mills that still have import quotas preferring higher-quality material, sources told Fastmarkets.

Fastmarkets indices
Premium hard coking coal, fob DBCT: $108.22 per tonne, down $0.80 per tonne 
Premium hard coking coal, cfr Jingtang: $119.39 per tonne, up $0.70 per tonne
Hard coking coal, fob DBCT: $88.09 per tonne, unchanged
Hard coking coal, cfr Jingtang: $100.25 per tonne, down $0.02 per tonne

An 85,000-tonne August-laycan cargo of premium low-volatility hard coking coal was heard traded at $121 per tonne cfr China on Friday, although the seller can...

Published

Li Min

July 24, 2020

12:24 GMT

Shanghai