COKING COAL DAILY: Seaborne prices yet to hit a floor, participants say

April 18, 2020 / www.metalbulletin.com / Article Link

Premium coking coal prices fell again on Friday April 17, with several market participants bearish for the near-term outlook due to subdued downstream demand amid weak global steel markets.

Fastmarkets indices
Premium hard coking coal, fob DBCT: $130.60 per tonne, down $0.34 per tonne
Premium hard coking coal, cfr Jingtang: $135.75 per tonne, down $2.67 per tonne
Hard coking coal, fob DBCT: $119.01 per tonne, up $1 per tonne
Hard coking coal, cfr Jingtang: $127.48 per tonne, up $0.17 per tonne
A transaction was concluded on Thursday April 16 involving a Panamax vessel of premium mid-vol hard coking coal at $131 per tonne cfr China.

Another cargo of premium mid-vol...

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