COKING COAL DAILY: Chinese buying continues to shape seaborne market

October 24, 2019 / www.metalbulletin.com / Article Link

China continues to drive trading activity in the seaborne coking coal market, with hardly any interest emerging elsewhere.

Fastmarkets indicesPremium hard coking coal, fob DBCT: $152.40 per tonne, unchangedPremium hard coking coal, cfr Jingtang: $164.07 per tonne, down $0.63 per tonneHard coking coal, fob DBCT: $129.92 per tonne, unchangedHard coking coal, cfr Jingtang: $142.29 per tonne, unchangedLow-vol PCI, fob DBCT: $98.94 per tonne, unchangedLow-vol PCI, cfr Jingtang: $106.52 per tonne, unchangedA Chinese steelmaker bought a cargo of premium low-vol hard coking coal at around $165 per tonne cfr China, sources said on Wednesday October 23.The tonnage involved in the trade as well as the cargo's laycan could not be confirmed by the...

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