COKING COAL DAILY: More buying interest in July-laycan cargoes

Seaborne premium hard coking coal prices stayed flat in the cfr market on Tuesday May 25, but edged higher in the fob market amid active buying, market participants told Fastmarkets.

Fastmarkets indices
Premium hard coking coal, fob DBCT: $140.6 per tonne, up $0.63 per tonne
Premium hard coking coal, cfr Jingtang: $254.8 per tonne, flat
Hard coking coal, fob DBCT: $114.49 per tonne, up $0.75 per tonne
Hard coking coal, cfr Jingtang: $229.35 per tonne, up $1.68 per tonne
Coke producers in China have proposed a ninth consecutive price increase for 2021, but not all steel mills have accepted this, which has caused the price uptrend to falter.

Speculative buying activity - with by traders aiming to export cargoes to buyers around the world - has...

Published

Alice Li

May 25, 2021

11:25 GMT

Shanghai