COKING COAL DAILY: Chinese buying activity supports prices

September 11, 2019 / www.metalbulletin.com / Article Link

Seaborne coking coal prices were flat on Tuesday September 10, with Chinese market participants anticipating some strength in prices towards the end of the year but expecting downward pressure in the short term.

Fastmarkets indicesPremium hard coking coal, fob DBCT: $150.76 per tonne, down $1.44 per tonne Premium hard coking coal, cfr Jingtang: $169.26 per tonne, up $0.19 per tonneHard coking coal, fob DBCT: $134.01 per tonne, unchangedHard coking coal, cfr Jingtang: $153.26 per tonne, unchangedLow-vol PCI, fob DBCT: $98.94 per tonne, unchangedLow-vol PCI, cfr Jingtang: $111.77 per tonne, unchangedA premium mid-vol cargo changed hands at $168-169 per tonne cfr China, market participants...

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