COKING COAL DAILY: PCI prices fall amid thermal coal price drop; participants wait and see

Seaborne low-vol PCI prices in both the fob and cfr markets fell following the drop in thermal coal prices. And China's National Development & Reform Commission intervention, plus the news that stranded Australian coal was allowed to clear Chinese customs, have put market participants in a wait-and-see mode.

Fastmarkets indices
Premium hard coking coal, cfr Jingtang: $608.12 per tonne, unchanged
Hard coking coal, cfr Jingtang: $544.88 per tonne, down by $23.71 per tonne
Premium hard coking coal, fob DBCT: $404.59 per tonne, down by $0.52 per tonne
Hard coking coal, fob DBCT: $341.34 per tonne, down by $3.25 per tonne
Fastmarkets Weekly PCI indices

PCI low-vol, cfr Jingtang: $307.68 per tonne, down by $12.82 per tonne
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