COKING COAL DAILY: Seaborne prices move in opposite directions

October 16, 2018 / www.metalbulletin.com / Article Link

Seaborne coking coal spot prices moved in opposite directions on Monday October 15, with the cfr China segment picking up some strength while the fob Australia one softened.

A November-laycan cargo of low-vol Australian premium hard coking coal was sold to an end user in northeastern China at $220 per tonne cfr China, sources confirmed during the day. The last cfr China transaction for such a product was concluded at $216.50 per tonne last week. Another shipment of premium low-vol Australian premium hard coking coal was bought by a trader at $220.50 per tonne fob Australia, participants told Fastmarkets on Monday. The previous fob...

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