COKING COAL DAILY: Premium cfr price rises again after new deals are sealed at higher prices

December 25, 2020 / www.metalbulletin.com / Article Link

The cfr price for seaborne premium hard coking coal edged up further on Thursday December 24, with new transactions sealed at higher prices.

China's ban on Australian coal led to the decline in demand for Australian premium low-volatility hard coking coal, and premium mid-volatility hard coking coal has been sold at a higher price than premium low-vol material in the fob market, sources told Fastmarkets.
Fastmarkets indices
Premium hard coking coal, fob DBCT: $103.71 per tonne, down $0.05 per tonne

Premium hard coking coal, cfr Jingtang: $198.54 per tonne, up $2.78 per...

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