COKING COAL DAILY: Sharp drop in fob Australia prices jolts market

September 06, 2019 / www.metalbulletin.com / Article Link

Seaborne coking coal prices fell on Thursday September 5, with the quantum of decline leaving some market participants stunned.

Fastmarkets indicesPremium hard coking coal, fob DBCT: $149.09 per tonne, down $6.18 per tonne Premium hard coking coal, cfr Jingtang: $169.26 per tonne, down $0.08 per tonneHard coking coal, fob DBCT: $134.01 per tonne, unchangedHard coking coal, cfr Jingtang: $153.26 per tonne, down $0.25 per tonneLow-vol PCI, fob DBCT: $98.94 per tonne, unchangedLow-vol PCI, cfr Jingtang: $111.77 per tonne, unchangedTwo cargoes of premium mid-vol hard coking coal were traded at $143 per tonne fob Australia and $149 per tonne...

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