COKING COAL DAILY: Seaborne premium fob price drops on latest trade

The seaborne premium hard coking coal fob index fell drastically on Wednesday November 25 after the most recent transaction was sealed at a lower price.

Chinese market participants were envious of their counterparts abroad, who are enjoying a lower price level for Australian premium hard coking coal while they are restricted from importing, sources said.
Fastmarkets indices
Premium hard coking coal, fob DBCT: $101.50 per tonne, down $7.17 per tonne
Premium hard coking coal, cfr Jingtang: $163.23 per tonne, down $0.12 per tonne
Hard coking coal, fob DBCT: $90.03 per tonne, down $0.50 per tonne
Hard coking coal, cfr Jingtang: $150.63 per tonne, unchanged

Published

Li Min

November 25, 2020

11:35 GMT

Shanghai