COKING COAL DAILY: Seaborne premium prices plummet in buyer's market

Seaborne premium hard coking coal prices plummeted on Tuesday October 20 after market participants lowered their estimates and said the spot market was declining.

Fastmarkets indices
Premium hard coking coal, fob DBCT: $113.98 per tonne, down $3.90 per tonne 
Premium hard coking coal, cfr Jingtang: $126.78 per tonne, down $3.51 per tonne
Hard coking coal, fob DBCT: $105.02 per tonne, unchanged
Hard coking coal, cfr Jingtang: $115.51 per tonne, unchanged

No transactions were heard on Tuesday October 20.

“I haven’t heard any transactions today....

Published

Li Min

October 20, 2020

12:49 GMT

Shanghai