Seaborne coking coal prices down amid weak demand

November 17, 2021 / www.metalbulletin.com / Article Link

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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