COKING COAL DAILY: Chinese buying pushes up prices

October 15, 2019 / www.metalbulletin.com / Article Link

Seaborne coking coal prices moved up on Monday October 14 after Chinese end users returned to the spot market for the first time after a holiday in the first week of the month to mark China's National Day.

Fastmarkets indicesPremium hard coking coal, fob DBCT: $146.62 per tonne, unchangedPremium hard coking coal, cfr Jingtang: $164.36 per tonne, up $4.86 per tonneHard coking coal, fob DBCT: $123.13 per tonne, unchangedHard coking coal, cfr Jingtang: $134.07 per tonne, unchangedLow-vol PCI, fob DBCT: $98.94 per tonne, unchangedLow-vol PCI, cfr Jingtang: $106.52 per tonne, unchangedA cargo of premium hard coking coal with an October loading date was traded at $162 per tonne cfr China over the weekend, sources told Fastmarkets on Monday.A Chinese end-user source said that with the latest transaction, seaborne prices were now...

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