Import hurdles that emerged in some ports in China last week do not appear to have had much of an effect on the seaborne coking coal market, with a cargo of premium low-vol product fetching $145 per tonne cfr China on Tuesday November 19.
Fastmarkets indicesPremium hard coking coal, fob DBCT: $131.91 per tonne, down $1.81 per tonnePremium hard coking coal, cfr Jingtang: $144.14 per tonne, down $3.68 per tonneHard coking coal, fob DBCT: $120.70 per tonne, unchangedHard coking coal, cfr Jingtang: $133 per tonne, up $1.50 per tonneLow-vol PCI, fob DBCT: $99.39 per tonne, unchangedLow-vol PCI, cfr Jingtang: $101.16 per tonne, unchangedWhile the transaction - in which a Chinese steelmaker bought a December-loading cargo - was concluded around $2 per tonne lower compared with the last trade involving premium low-vol coking coal a week earlier,...