COKING COAL DAILY: Seaborne premium cfr index jumps; buying momentum drives bullish sentiment

The seaborne premium hard coking coal cfr Jingtang index surged on Wednesday September 16 following transactions of premium mid-volatility hard coking coal the previous day, with most market participants positive about the spot market in the short term.

Fastmarkets indices
Premium hard coking coal, fob DBCT: $121.73 per tonne, up $2.19 per tonne
Premium hard coking coal, cfr Jingtang: $135.14 per tonne, up $8.54 per tonne
Hard coking coal, fob DBCT: $101.97 per tonne, up $6.71 per tonne
Hard coking coal, cfr Jingtang: $109.12 per tonne, up $4.16 per tonne

On Tuesday September 15, a Panamax vessel of premium mid-vol hard coking coal, with October 1-10 laycan, was traded at $128 per tonne cfr China,...

Published

Li Min

September 16, 2020

10:45 GMT

Shanghai