COKING COAL DAILY: Seaborne premium prices edge down; supply tightens in China

Seaborne premium hard coking coal prices edged down on Monday October 19 following the sharp falls on Friday and due to a lack of trading activity.

Fastmarkets indices
Premium hard coking coal, fob DBCT: $117.88 per tonne, down $0.37 per tonne
Premium hard coking coal, cfr Jingtang: $130.29 per tonne, down $0.21 per tonne
Hard coking coal, fob DBCT: $105.02 per tonne, unchanged
Hard coking coal, cfr Jingtang: $115.51 per tonne, unchanged

One market participant gave a lower estimate for the cfr Jingtang market because Chinese buyers are not permitted to bring low-volatility hard coking coal from Australia...

Bank of Japan boosts rates, continuing an unwinding carry trade

Gold stocks outperform equity market slide

Silver inventories rebound in UK, output from major producers rises

Silver's three-month outperformance continues

Silver & Copper Supply Distortions Continue