COKING COAL DAILY: Premium price up in fob market amid more buying

Seaborne premium hard coking coal prices climbed up in the fob market on Thursday June 3 amid more buying interest but slightly slipped in the cfr market due to weak demand after some major Chinese steel mills finished restocking late last week and early this week, sources told Fastmarkets.

Fastmarkets indices
Premium hard coking coal, fob DBCT: $162.77 per tonne, up $7.93 per tonne
Premium hard coking coal, cfr Jingtang: $282.04 per tonne, down $1.75 per tonne
Hard coking coal, fob DBCT: $134.94 per tonne, flat day on day
Hard coking coal, cfr Jingtang: $248.77 per tonne, up $4.19 per tonne
In China, most market participants adopted a wait-and-see attitude on Thursday after hearing several deals of north American premium hard coking coal concluded based on a June-average index from north-east China’s steel mills

Another mill source from south China said he was afraid...

Published

Alice Li

June 03, 2021

11:45 GMT

Shanghai