COKING COAL DAILY: Premium fob price still weak on oversupply

The seaborne premium hard coking coal price in the fob market remained weak on Monday March 18 because there is sufficient supply of Australia coking coal supply to ex-China markets, market sources told Fastmarkets.

Fastmarkets indices
Premium hard coking coal, fob DBCT: $114.52 per tonne, down $3.05 per tonne
Premium hard coking coal, cfr Jingtang: $212.86 per tonne, up $0.43 per tonne
Hard coking coal, fob DBCT: $108.65 per tonne, down $0.13 per tonne
Hard coking coal, cfr Jingtang: $197.68 per tonne, up $2.01 per tonne

In the fob market, few bids and offers were reported on Monday. The offer price for Australian premium low-volatility hard coking coal...

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