COKING COAL DAILY: Market mulls over weather woes at Queensland's terminals

March 12, 2020 / www.metalbulletin.com / Article Link

Seaborne premium hard coking coal prices were relatively stable on Wednesday March 11, with market participants focused on possible weather-related disruptions to supply and the state of demand from China.

Fastmarkets indices
Premium hard coking coal, fob DBCT: $158.22 per tonne, up $0.93 per tonne
Premium hard coking coal, cfr Jingtang: $165.67 per tonne, down $0.99 per tonne
Hard coking coal, fob DBCT: $144.01 per tonne, unchanged
Hard coking coal, cfr Jingtang: $152.50 per tonne, up $0.25 per tonne

A bid was made in the branded segment of the Global Coal trading platform for an 80,000-tonne April-delivery cargo of premium low-vol hard coking coal at $156.50 per tonne fob Australia, sources said during the day....

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