COKING COAL DAILY: Tight supply supports cfr prices

Seaborne coking coal prices continued to be supported in the cfr market on Monday July 19 due to short supply in both domestic and imported markets. The fob coking coal market inched up with more buying interest for December loaded cargoes, sources told Fastmarkets.

Fastmarkets indices
Premium hard coking coal, fob DBCT: $211.27 per tonne, up $0.62 per tonne
Premium hard coking coal, cfr Jingtang: $309.11 per tonne, up $0.17 per tonne
Hard coking coal, fob DBCT
: $178.42 per tonne, up $1.75 per tonne
Hard coking coal, cfr Jingtang: $267.15 per tonne, up $0.04 per tonne
In China, prices for domestic coking coal held steady in the week to July 19 because coal production in Shanxi province is still limited under safety inspections. A few coal mines have stopped retail sales to focus on carrying out long-term contracts, sources said.

A...

Published

Alice Li

July 19, 2021

10:54 GMT

Shanghai