COKING COAL DAILY: Seaborne prices slump while China takes cargoes

Trading activity in the seaborne coking coal market was robust on Wednesday April 29, with materials spilling into China amid poor ex-China demand, sources said.

Fastmarkets indices
Premium hard coking coal, fob DBCT: $107.30 per tonne, down $8.23 per tonne
Premium hard coking coal, cfr Jingtang: $118.50 per tonne, down $1.68 per tonne
Hard coking coal, fob DBCT: $95.01 per tonne, down $7 per tonne
Hard coking coal, cfr Jingtang: $102.48 per tonne, down $3.46 per tonne

A May-laycan cargo of premium mid-vol hard coking coal was heard sold by an Indian steel mill at $99 per tonne fob Australia on Wednesday,...

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