COKING COAL DAILY: Necessary restocking boosts sentiment in cfr market

Seaborne premium hard coking coal prices increased in the cfr market amid necessary procurement activity, which kept prices largely stable in the fob market on Tuesday April 27.

Fastmarkets indices
Premium hard coking coal, fob DBCT: $113.46 per tonne, down $0.32 per tonne
Premium hard coking coal, cfr Jingtang: $222.72 per tonne, up $1.11 per tonne
Hard coking coal, fob DBCT: $105.37 per tonne, up $0.25 per tonne
Hard coking coal, cfr Jingtang: $201.58 per tonne, up $0.25 per tonne

In the cfr coking coal market, a few large Chinese steel mills procured American premium hard coking coal cargoes...

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