COKING COAL DAILY: cfr China prices soften despite supply concerns in Australia

December 15, 2018 / www.metalbulletin.com / Article Link

The divide between cfr China and fob Australia prices widened further on Friday December 14 amid persistent concerns over potential supply disruptions.

A cargo of a top Australian brand was traded at $208.20 per tonne cfr China during the day, various sources told Fastmarkets. A cargo of a similar brand had changed hands at $230 per tonne fob Australia just a day earlier.The Abbot Point Coal Terminal in Queensland, Australia, is halting the unloading of coal from trains at midnight on Friday in anticipation of a cyclone making landfall on Saturday."Abbot Point Coal Terminal has advised [that it] will cease unloading operations today, Friday 14...

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