COKING COAL DAILY: China steel mills turn to Canada for high-quality coking coal

The seaborne premium hard coking coal price on the fob market remained relatively stable on Wednesday October 28, while steel mills in China turned to countries such as Canada to source premium hard coking coal, sources said.

Fastmarkets indices
Premium hard coking coal, fob DBCT: $115.35 per tonne, down $0.43 per tonne
Premium hard coking coal, cfr Jingtang: $119.83 per tonne, unchanged
Hard coking coal, fob DBCT: $95.77 per tonne, unchanged
Hard coking coal, cfr Jingtang: $104.01 per tonne, unchanged

Two December-laycan cargoes of premium hard coking coal...

Bank of Japan boosts rates, continuing an unwinding carry trade

Gold stocks outperform equity market slide

Silver inventories rebound in UK, output from major producers rises

Silver's three-month outperformance continues

Silver & Copper Supply Distortions Continue