Prices for seaborne pulverized coal injection (PCI) remained largely stable in the cfr market in the week to June 18 amid firm offer levels and limited buying activities from end-users for Russian PCI. The fob market increased following a rally in the coking coal fob market and high metallurgical coke prices, sources said.
Premium hard coking coal, fob DBCT
: $177.84 per tonne, up $3.74 per tonne
Premium hard coking coal, cfr Jingtang
: $285.04 per tonne, up $1.67 per tonne
Hard coking coal, fob DBCT
: $154.93 per tonne, up $2 per tonne
Hard coking coal, cfr Jingtang
: $257.19 per tonne, up $0.21 per tonne
Coking coal market
In China, market sentiment for seaborne coking coal became more positive in the week to June 18 due to a tight supply of domestic coking coal after a series of safety inspections in northern...