Seaborne coking coal prices largely down on market expectations

Seaborne coking coal prices largely decreased in both the cfr and fob markets on Tuesday November 30, with sources expecting lower prices in January next year; concerns over the Covid-19 Omicron variant supported the Mongolian coking coal price.

Fastmarkets indices
Premium hard coking coal, cfr Jingtang: $400.17 per tonne, unchanged
Hard coking coal, cfr Jingtang: $353.52 per tonne, down $6.69 per tonne
Premium hard coking coal, fob DBCT: $316.14 per tonne, down $2.29 per tonne
Hard coking coal, fob DBCT: $249.88 per tonne, down $5 per tonne

In the cfr market, a trading source in Beijing said that a December-laycan cargo of United States-origin...

Published

Min Li

November 30, 2021

12:04 GMT

Shanghai