COKING COAL DAILY: Premium coking coal prices diverge amid differing supply conditions

Seaborne premium hard coking coal prices in the cfr and fob markets diverged on Monday March 22, with tight supply supporting the cfr market and ample supply in the fob market, sources said.

Fastmarkets indices
Premium hard coking coal, fob DBCT: $113.90 per tonne, down $0.06 per tonne
Premium hard coking coal, cfr Jingtang: $213.23 per tonne, up $0.37 per tonne
Hard coking coal, fob DBCT: $106.25 per tonne, down $0.06 per tonne
Hard coking coal, cfr Jingtang: $200.44 per tonne, down $0.02 per tonne

In the cfr market, some market sources from south China said a previous deal sealed at $203 per tonne cfr China is supporting the seaborne premium hard coking coal cfr price because there is limited supply for premium hard coking coal...

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