COKING COAL DAILY: Seaborne prices relatively stable due to Chinese demand

July 25, 2020 / www.metalbulletin.com / Article Link

Seaborne coking coal prices were relatively stable across the board on Friday July 24, with Chinese steel mills that still have import quotas preferring higher-quality material, sources told Fastmarkets.

Fastmarkets indices
Premium hard coking coal, fob DBCT: $108.22 per tonne, down $0.80 per tonne 
Premium hard coking coal, cfr Jingtang: $119.39 per tonne, up $0.70 per tonne
Hard coking coal, fob DBCT: $88.09 per tonne, unchanged
Hard coking coal, cfr Jingtang: $100.25 per tonne, down $0.02 per tonne

An 85,000-tonne August-laycan cargo of premium low-volatility hard coking coal was heard traded at $121 per tonne cfr China on Friday, although the seller can...

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