Seaborne coking coal prices down amid weak demand

Seaborne coking coal prices in the cfr China market fell on Tuesday November 16 amid weak demand from Chinese steel mills, while fob prices also slipped due to a lack of trading activity, sources said.

Fastmarkets indices
Premium hard coking coal, cfr Jingtang: $500.21 per tonne, down $18.39 per tonne
Hard coking coal, cfr Jingtang: $450 per tonne, down $4.52 per tonne
Premium hard coking coal, fob DBCT: $372.92 per tonne, down $5.84 per tonne
Hard coking coal, fob DBCT: $324.85 per tonne, down $7.83 per tonne

Domestic coke prices continued to fall since major steel mills proposed a further reduction in their coke buying prices with coke producer by 200 yuan ($31) per tonne...

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