COKING COAL DAILY: Chinese participants say imports becoming easier

October 18, 2019 / www.metalbulletin.com / Article Link

Seaborne coking coal prices were steady on Thursday October 17, with market participants in China indicating that import restrictions at Chinese ports had become less stringent.

Fastmarkets indicesPremium hard coking coal, fob DBCT: $150.73 per tonne, down $0.87 per tonnePremium hard coking coal, cfr Jingtang: $164.76 per tonne, up $0.51 per tonneHard coking coal, fob DBCT: $123.13 per tonne, unchanged Hard coking coal, cfr Jingtang: $134.07 per tonne, unchanged Low-vol PCI, fob DBCT: $98.94 per tonne, unchanged Low-vol PCI, cfr Jingtang: $106.52 per tonne, unchanged"I have heard from other mills that it is safer to import now," an end-user source from China said. He has not experienced this first-hand, however, since the mill he works for has a sufficient amount of stock at the moment...

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