COKING COAL DAILY: Halt in Australia cargo demand slashes seaborne prices

Seaborne premium hard coking coal and hard coking coal prices in both fob and cfr markets dropped drastically on Monday October 26 due to lack of demand with sources reporting a stalemate between miners and buyers.

Fastmarkets indices
Premium hard coking coal, fob DBCT: $107.74 per tonne, down $5.51 per tonne
Premium hard coking coal, cfr Jingtang: $119.83 per tonne, down $6.22 per tonne
Hard coking coal, fob DBCT: $95.52 per tonne, down $7 per tonne
Hard coking coal, cfr Jingtang: $104.01 per tonne, down $7.50 per tonne

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