COKING COAL DAILY: Premium price breaks $365 per tonne in China amid supply tightness

August 19, 2021 / www.metalbulletin.com / Article Link

Seaborne coking coal prices rose sharply in the cfr China market on Wednesday August 18 due to stable procurement demand and supply tightness. The fob Australia market also inched up on the same day with more buying interest for premium low-volatility hard coking coal, market sources said.

Fastmarkets indices
Premium hard coking coal, fob DBCT: $225.48 per tonne, up by $3.06 per tonne
Hard coking coal, fob DBCT: $196.66 per tonne, up by $1 per tonne
Premium hard coking coal, cfr Jingtang: $365.48 per tonne, up by $13.66 per tonne
Hard coking coal, cfr Jingtang: $322.67 per tonne, up by $17.06 per tonne
Seaborne coking coal prices increased further on Wednesday due to a strong domestic coking coal market resulting from a supply shortage of high-quality and low sulfur coking coal, market sources said.

Most steel...

Recent News

Gold stocks outperform, New Found Gold down on initial MRE

March 31, 2025 / www.canadianminingreport.com

Global Mining M&A sees moderate gain in 2024

March 31, 2025 / www.canadianminingreport.com

TSX/TSXV mining could continue to see strong equity capital raising 2025

March 24, 2025 / www.canadianminingreport.com

Gold stocks continue to outperform in move into defensives

March 24, 2025 / www.canadianminingreport.com

Gold stocks reach new highs

March 17, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok