Seaborne coking coal prices were down on Tuesday February 4, with spot trading activity resuming after over a week.
Fastmarkets indices
Premium hard coking coal, fob DBCT: $147.89 per tonne, down $2.90 per tonne
Premium hard coking coal, cfr Jingtang: $160.13 per tonne, down $2.60 per tonne
Hard coking coal, fob DBCT: $127.01 per tonne, unchanged
Hard coking coal, cfr Jingtang: $140.82 per tonne, unchanged
A premium mid-vol cargo with a loading date in March was heard traded at around $145 per tonne fob Australia, market sources said.
A buyer source from China said that yuan-denominated prices of imported metallurgical coal at Chinese ports remain high and might sustain those levels.
"Domestic Chinese coal supply is unlikely to rebound sharply due to the outbreak...