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

October 20, 2020 / www.metalbulletin.com / Article Link

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...

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