COKING COAL DAILY: Flickers of buying interest unable to reverse downtrend

Fob seaborne premium hard coking coal prices continued to slide on Tuesday February 16 due to weak demand from end users for seaborne spot cargoes, despite reports of some trader interest.

Fastmarkets indices
Premium hard coking coal, fob DBCT: $141.76 per tonne, down $2.55 per tonne
Premium hard coking coal, cfr Jingtang: $217.23 per tonne, unchanged
Hard coking coal, fob DBCT: $125.07 per tonne, down $3.25 per tonne
Hard coking coal, cfr Jingtang: $203 per tonne, unchanged

There were some sparks of interest for a spot seaborne premium mid-volatility cargo, with a trader...

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