COKING COAL DAILY: Prices stable on wait-and-see attitude

Seaborne coking coal prices stayed large stable in both the cfr and fob markets on Tuesday July 27, with market participants in the later market waited for a sale tender result from a Europe steel mill, market sources said.

Fastmarkets indices
Premium hard coking coal, fob DBCT: $214.30 per tonne, down $0.33 per tonne
Premium hard coking coal, cfr Jingtang: $315.76 per tonne, up $0.69 per tonne 
Hard coking coal, fob DBCT: $181.91 per tonne, unchanged
Hard coking coal, cfr Jingtang: $272.19 per tonne, up $0.66 per tonne 
The seaborne coking coal market in China was quiet on Tuesday amid stable and high offers for United States-origin coking coal.

“Overseas coal suppliers are taking advantage of the imported coal supply shortage in China and would be unwilling to actively lower offers, especially...

Published

Alice Li

July 27, 2021

11:13 GMT