COKING COAL DAILY: Seaborne prices gain some upward momentum

Seaborne coking coal prices moved up on Friday February 14, defying the pessimism in the market resulting from the outbreak of the novel coronavirus (2019-nCoV) in China.

Fastmarkets indices
Premium hard coking coal, fob DBCT: $155.43 per tonne, up $3.14 per tonne
Premium hard coking coal, cfr Jingtang: $161.28 per tonne, up $0.55 per tonne
Hard coking coal, fob DBCT: $127.01 per tonne, unchanged
Hard coking coal, cfr Jingtang: $142.60 per tonne, unchanged

A cargo of premium mid-vol hard coking coal...

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