COKING COAL DAILY: Seaborne cfr prices rise; impending storms in Queensland dampen fob activity

January 08, 2021 / www.metalbulletin.com / Article Link

Seaborne coking coal prices increased across the board in the cfr market on Thursday January 7, on higher offer prices, but with storms expected to hit Queensland this weekend, the fob market stayed quiet, with many miners reluctant to sell.

Fastmarkets indices
Premium hard coking coal, fob DBCT: $103.99 per tonne, up $0.07 per tonne
Premium hard coking coal, cfr Jingtang: $208.19 per tonne, up $0.75 per tonne
Hard coking coal, fob DBCT: $93.47 per tonne, unchanged
Hard coking coal, cfr Jingtang: $195.03 per tonne, up $3 per tonne
No transactions were heard on Wednesday January 6, sources told Fastmarkets on Thursday.

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