COKING COAL DAILY: End users paying more for premium products

November 13, 2018 / www.metalbulletin.com / Article Link

Prices for seaborne premium hard coking coal surged on Monday November 12 after end users submitted higher bids for them.

Two cargoes of such materials were traded at $226-229 per tonne fob Australia, various market sources told Fastmarkets during the day."The market will stay around this level, especially since the buyers were end users," a Beijing-based trading source said.Meanwhile, premium mid-vol coking coal was heard offered at around 1,770-1,800 yuan per...

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