COKING COAL DAILY: China drives trading; India extends lockdown

Seaborne premium hard coking coal prices dropped on Tuesday April 14, with trading activity restricted to the Chinese market while key spot buyer - India - announced an extension to its nationwide lockdown to curb the spread of the Covid-19 virus.

Fastmarkets indices
Premium hard coking coal, fob DBCT: $130.59 per tonne, down $2.70 per tonne
Premium hard coking coal, cfr Jingtang: $138.63 per tonne, down $0.88 per tonne
Hard coking coal, fob DBCT: $114.01 per tonne, down $6 per tonne
Hard coking coal, cfr Jingtang: $124.73 per tonne, unchanged

A Panamax vessel of early May-laycan premium mid-vol hard coking coal was heard traded at $134.50 per tonne cfr China on Monday...

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