COKING COAL DAILY: Prices stable in fob market, new demand for Oct-loaded cargoes

Coking coal prices maintained the stable trend in both the cfr and fob market on Wednesday July 7. There is new demand for October-loaded Australia coking coal in the fob market and the offers for prompt loading cargoes remained strong, sources told Fastmarkets.

Fastmarkets indices
Premium hard coking coal, fob DBCT: $202.25 per tonne, down $0.27 per tonne
Premium hard coking coal, cfr Jingtang: $308.35 per tonne, down $0.20 per tonne
Hard coking coal, fob DBCT: $173.42 per tonne, unchanged day on day
Hard coking coal, cfr Jingtang: $266.88 per tonne, unchanged day on day

The fob coking coal market stayed largely stable on July 7. The offers for August-loaded premium low-volatility (PLV) hard coking coal reached $220 per tonne fob Australia in the Global Coal trading platform yet buying interest is very limited, market sources told...

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