COKING COAL DAILY: Premium prices diverge in cfr, fob markets

Low offers for seaborne premium hard coking coal caused prices to drop in the cfr market on Wednesday June 16, while hard coking coal fob rose on buying interest.

High transaction prices and positive market sentiment are supporting the fob market, sources said.
Fastmarkets indices
Premium hard coking coal, fob DBCT: $173.86 per tonne, up $1.59 per tonne
Premium hard coking coal, cfr Jingtang: $282.04 per tonne, down $1.25 per tonne
Hard coking coal, fob DBCT: $152.93 per tonne, down $0.50 per tonne 
Hard coking coal, cfr Jingtang: $255.94 per tonne, up $5.48 per tonne

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