COKING COAL DAILY: Premium price in cfr market strong amid supply tightness

Seaborne coking coal prices maintained their upward trend in the cfr market amid low supply and necessary procurement activities, while the fob market was largely stable because most market participants had adopted a wait-and-see attitude on Monday May 17, sources told Fastmarkets.

Fastmarkets indices
Premium hard coking coal, fob DBCT: $120.84 per tonne, down $0.39 per tonne
Premium hard coking coal, cfr Jingtang: $273.95 per tonne, up $4.17 per tonne
Hard coking coal, fob DBCT: $105.96 per tonne, up $0.25 per tonne
Hard coking coal, cfr Jingtang: $231.87 per tonne, up $4.43 per tonne

In China, market sentiment for coking coal remained positive due to the continuous tight supply expectations in north China’s Shanxi before July 1, when the...

Published

Alice Li

May 17, 2021

10:38 GMT

Shanghai