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...

Monetary-driven precious metals outperform major base metals

Gold stocks hit by plunging equities markets

Gold stocks down as metal and equities momentum fades

Another Kazatomprom guidance announcement shakes uranium price

Major monetary drivers still supporting gold