COKING COAL DAILY: China’s market muted due to weak demand

Seaborne coking coal prices stayed large stable in both the cfr and fob market on Wednesday July 21 because buying interest is weak facing the elevated offers, sources told Fastmarkets.

Fastmarkets indices
Premium hard coking coal, fob DBCT: $211.08 per tonne, down $0.19 per tonne
Premium hard coking coal, cfr Jingtang: $309.31 per tonne, up $0.20 per tonne 
Hard coking coal, fob DBCT: $178.42 per tonne, unchanged
Hard coking coal, cfr Jingtang: $267.09 per tonne, down $0.06 per tonne 

The coke prices in China’s domestic market were mostly stable from July 13 to July 21. Some coke producers in north China’s Shanxi province were required to cut production by 20-30% after local and national government carried out high-emissions checks....

Published

Alice Li

July 21, 2021

10:20 GMT

Shanghai