Seaborne coking coal prices were largely stable in both the cfr and fob markets on Tuesday July 6, with most market participants still on the sidelines after the centenary of the Chinese Communist Party on July 2, sources told Fastmarkets.
Fastmarkets indices
Premium hard coking coal, fob DBCT: $202.52 per tonne, down $0.68 per tonne
Premium hard coking coal, cfr Jingtang: $308.55 per tonne, up $0.70 per tonne
Hard coking coal, fob DBCT: $173.42 per tonne, unchanged
Hard coking coal, cfr Jingtang: $266.88 per tonne, up $0.19 per tonne
Coke prices in China edged up between June 29 and July 6 because domestic coke supplies continued to be tight after the closure of metallurgical coal mines ahead of the July 2 celebrations.
Export offers for met coke from China remained strong without deals reported...