COKING COAL DAILY: Seaborne premium fob price tumbles

The seaborne premium low-volatility hard coking coal fob price slumped dramatically on Thursday February 25, with the latest transaction sealed at $126 per tonne fob Australia.

Fastmarkets indices
Premium hard coking coal, fob DBCT: $127 per tonne, down $11.93 per tonne
Premium hard coking coal, cfr Jingtang: $219.04 per tonne, unchanged
Hard coking coal, fob DBCT: $130.07 per tonne, up $0.50 per tonne
Hard coking coal, cfr Jingtang: $206.68 per tonne, up $6.68 per tonne

In the fob market, a deal for premium low-volatility hard coking coal was heard concluded at $126 per tonne - lower than previous...

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