COKING COAL DAILY: Prices in Chinese market rise amid positive sentiment

Seaborne premium hard coking coal prices edged up slightly on Monday April 19.

In the cfr market, imported coking coal prices were supported by positive market sentiment due to expectations of short supplies and rising domestic coking coal and metallurgical coke prices, while buying interest has started to revive after falling offer prices in the fob market, sources told Fastmarkets.
Fastmarkets indices
Premium hard coking coal, fob DBCT: $113.58 per tonne, up $0.77 per tonne
Premium hard coking coal, cfr Jingtang: $220.94 per tonne, up $0.45 per tonne
Hard coking coal, fob DBCT: $105.12 per tonne, unchanged
Hard coking coal, cfr Jingtang: $200.31 per tonne, up $0.18 per tonne

Seaborne hard coking coal offer prices in the Chinese market remained largely stable at elevated levels on the first day of the working week...

Published

Alice Li

April 19, 2021

11:39 GMT

Shanghai