The seaborne coking coal market was quiet on Tuesday August 27, leaving market participants keenly anticipating the next transaction to gauge the price direction.
Fastmarkets indicesPremium hard coking coal, fob DBCT: $154.28 per tonne, unchangedPremium hard coking coal, cfr Jingtang: $166.33 per tonne, up $0.08 per tonne Hard coking coal, fob DBCT: $138.76 per tonne, unchangedHard coking coal, cfr Jingtang: $153 per tonne, unchangedLow-vol PCI, fob DBCT: $105 per tonne, unchangedLow-vol PCI, cfr Jingtang: $111.77 per tonne, unchangedThere was no word of any trades taking during the day, according to market sources. "The price gap between seaborne and domestic coking coal is fueling buying activity from China and I am not surprised that prices for premium low-vol...