Seaborne premium hard coking coal prices continued to rise in the cfr market due to tight supplies, while prices were largely stable in the fob market, with market participants adopting a wait-and-see attitude, sources told Fastmarkets on Tuesday June 22.
Fastmarkets indices
Premium hard coking coal, fob DBCT: $177.87 per tonne, up $0.59 per tonne
Premium hard coking coal, cfr Jingtang: $290.19 per tonne, up $1.53 per tonne
Hard coking coal, fob DBCT: $155.77 per tonne, up $0.84 per tonne
Hard coking coal, cfr Jingtang: $263.07 per tonne, up $1.34 per tonne
The metallurgical coke prices have gradually increased due to the rising cost of coking coal and production curbs for some coke producers in north China, market sources said.
Many coke producers in northern and eastern China proposed increasing their met coke prices...