Seaborne coking coal cfr prices declined sharply on Tuesday, with a lower offer price emerging and previously stranded Australian coal becoming available to Chinese end users.
Fastmarkets indices
Premium hard coking coal, cfr Jingtang: $562.62 per tonne, down by $26.32 per tonne
Hard coking coal, cfr Jingtang: $505.02 per tonne, down by $12.63 per tonne
Premium hard coking coal, fob DBCT: $403.15 per tonne, up by $0.50 per tonne
Hard coking coal, fob DBCT: $339.84 per tonne, unchanged
In the cfr market, a late November/early...