Seaborne coking coal prices drop and normalize

Seaborne coking coal prices dropped across the board on Wednesday November 24, with sources telling Fastmarkets that fob prices were normalizing after being inflated this year.

Fastmarkets indices
Premium hard coking coal, cfr Jingtang: $411.84 per tonne, down $3.33 per tonne
Hard coking coal, cfr Jingtang: $365.21 per tonne, down $1.60 per tonne
Premium hard coking coal, fob DBCT: $327.47 per tonne, down $5.12 per tonne
Hard coking coal, fob DBCT: $279.87 per tonne, down $5 per tonne

In the fob market, a January-laycan cargo of premium low-volatility hard coking coal was offered...

Published

Min Li

November 24, 2021

12:02 GMT

Shanghai