COKING COAL DAILY: India's virus lockdown hits sentiment for steelmaking raw materials

March 26, 2020 / www.metalbulletin.com / Article Link

Seaborne coking coal prices dropped on Wednesday March 25 as major consumer India announced a 21-day lockdown.

Fastmarkets Indices
Premium hard coking coal, fob DBCT: $154.91 per tonne, down $1.49 per tonne
Premium hard coking coal, cfr Jingtang: $158.18 per tonne, down $6.48 per tonne
Hard coking coal, fob DBCT: $141.64 per tonne, down $0.62 per tonne
Hard coking coal, cfr Jingtang: $148 per tonne, down $8 per tonne

Trading activity was muted in the fob Australia market, although a transaction was concluded for a late May-laycan cargo of premium mid-vol hard...

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