COKING COAL DAILY: Seaborne PCI fob price up on low supply, strong demand

Seaborne premium hard coking coal price inched slightly higher in both the cfr and fob markets on Thursday April 1 due to limited tradable resources in the cfr market and growing buying interest in the fob market, sources said.

The seaborne low-volatility pulverized coal injection (PCI) price increased in the fob market amid supply tightness yet decreased in the cfr market due to weak demand, sources said.
Fastmarkets indices
Premium hard coking coal, fob DBCT: $114.68 per tonne, up $0.01 per tonne
Premium hard coking coal, cfr Jingtang: $214.21 per tonne, up $0.06 per tonne
Hard coking coal, fob DBCT: $108.37 per tonne, up $0.72 per tonne
Hard coking coal, cfr Jingtang: $199.64 per tonne, up $0.57 per tonne
In the fob coking coal market, offers for premium hard coking coal inched higher with more buying interest from Southeast Asia and India over the week, sources said

One coke plant source from India said the current steel...

Published

Alice Li

April 01, 2021

11:54 GMT

Shanghai