China coking coal prices pressured lower by freeing-up of previously stranded Australian material

November 02, 2021 / www.metalbulletin.com / Article Link

Previously stranded Australian coking coal has started to affect the seaborne coking coal cfr price; seaborne prices in the fob market were relatively stable, sources said.

Fastmarkets indices
Premium hard coking coal, cfr Jingtang: $600.25 per tonne, down by $7.87 per tonne
Hard coking coal, cfr Jingtang: $525.23 per tonne, down by $19.65 per tonne
Premium hard coking coal, fob DBCT: $405.28 per tonne, up by $0.69 per tonne
Hard coking coal, fob DBCT: $339.84 per tonne, down by $1.50 per tonne

In the cfr market, more than 5 million tonnes of Australian coking coal had been stranded. Now that...

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