China cfr seaborne coking coal prices increased across the board on Thursday November 12, while fob prices remained flat because of the ban on coal from Australia and a lack of alternatives in the spot market.
Fastmarkets indices
Premium hard coking coal, fob DBCT: $104.40 per tonne, unchanged
Premium hard coking coal, cfr Jingtang: $153.07 per tonne, up $4.12 per tonne
Hard coking coal, fob DBCT: $95.03 per tonne, unchanged
Hard coking coal, cfr Jingtang: $140.44 per tonne, up $4.82 per tonne
No transactions were heard on Thursday November 12, sources told Fastmarkets.
Chinese market participants increased their...