Seaborne premium hard coking coal prices in the cfr China and fob Australia markets stayed largely stable on Tuesday April 20, sources told Fastmarkets.
Both supply and demand for seaborne cargoes remained weak in the Chinese market while some gradual and necessary procurement activities took place in the fob market, market sources told Fastmarkets.
Fastmarkets indices
Premium hard coking coal, fob DBCT: $113.61 per tonne, up $0.03 per tonne
Premium hard coking coal, cfr Jingtang: $220.34 per tonne, down $0.60 per tonne
Hard coking coal, fob DBCT: $105.12 per tonne, unchanged
Hard coking coal, cfr Jingtang: $200.02 per tonne, down $0.29 per tonne
In the cfr coking coal market, market sentiment is mixed amid the narrowing price spread between...