Seaborne coking coal prices stayed large stable in both the cfr and fob markets on Tuesday July 27, with market participants in the later market waited for a sale tender result from a Europe steel mill, market sources said.
Fastmarkets indices
Premium hard coking coal, fob DBCT: $214.30 per tonne, down $0.33 per tonne
Premium hard coking coal, cfr Jingtang: $315.76 per tonne, up $0.69 per tonne
Hard coking coal, fob DBCT: $181.91 per tonne, unchanged
Hard coking coal, cfr Jingtang: $272.19 per tonne, up $0.66 per tonne
The seaborne coking coal market in China was quiet on Tuesday amid stable and high offers for United States-origin coking coal.
"Overseas coal suppliers are taking advantage of the imported coal supply shortage in China and would be unwilling to actively lower offers, especially...