COKING COAL DAILY: Premium hard material prices firmer on steady buying

August 08, 2019 / www.metalbulletin.com / Article Link

Seaborne premium hard coking coal prices appeared to have stabilized on Wednesday August 7, with buyers continuing to take positions.

Top Australian brands have been reported changing hands at $161 per tonne fob Australia since last Friday, on steady buying interest, according to sources.A premium mid-volatility cargo traded for a price just above $157 per tonne fob, up from transaction levels of $153-155 per tonne fob earlier this week for similar materials, they added.Although coal import restrictions in China continued to limit demand from some Chinese traders, some steelmakers in the...

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