COKING COAL DAILY: Trading activity defies virus-driven pullback

Trading activity in the seaborne coking coal market suggested that prices for the steelmaking raw material were still holding up despite bearish sentiment in China for steel demand due to the outbreak of the novel coronavirus (2019-nCoV) in Wuhan.

Fastmarkets indices
Premium hard coking coal, fob DBCT: $151.58 per tonne, up by $0.93 per tonne
Premium hard coking coal, cfr Jingtang: $160.61 per tonne, up by $1.76 per tonne

Hard coking coal, fob DBCT: $127.01 per tonne,...

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