COKING COAL DAILY: Offers firm despite weak demand in cfr market

April 09, 2021 / www.metalbulletin.com / Article Link

The premium hard coking coal price kept largely steady in the cfr market on April 8 due to the large gap between offers and bids due to supply tightness and weak demand while the fob premium hard coking coal price slightly slipped amid low trading, market sources said.

Fastmarkets indices
Premium hard coking coal, fob DBCT: $114.96 per tonne, down $0.15 per tonne
Premium hard coking coal, cfr Jingtang: $213.52 per tonne, up $0.08 per tonne
Hard coking coal, fob DBCT: $108.12 per tonne, down $0.50 per tonne
Hard coking coal, cfr Jingtang: $198.69 per tonne, down $0.11 per tonne

Mills in northeast China procured seaborne American premium low-volatility hard coking coal (PLV) on a demand basis...

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