An informal suspension of coal imports at ports in the eastern Chinese province of Jiangsu province and some parts of southern China has raised uncertainties in the seaborne coking coal market, though the country's downstream steel market strengthened on Thursday November 14.
Fastmarkets indicesPremium hard coking coal, fob DBCT: $134.53 per tonne, down $0.88 per tonnePremium hard coking coal, cfr Jingtang: $149.24 per tonne, down $0.58 per tonneHard coking coal, fob DBCT: $121.70 per tonne, unchangedHard coking coal, cfr Jingtang: $134 per tonne, unchangedLow-vol PCI, fob DBCT: $99.39 per tonne, unchangedLow-vol PCI, cfr Jingtang: $101.16 per tonne, unchangedReports emerged on Wednesday that port authorities in Jiangsu province had imposed a total suspension on imports of thermal and metallurgical coal until the end of 2019. Concerns have emerged about whether this...