COKING COAL DAILY: Prices stable amid wait-and-see attitude in cfr market

June 16, 2021 / www.metalbulletin.com / Article Link

The seaborne premium hard coking coal price was flat in the cfr market amid weak buying activity but inched up in the fob market with firm demand on Tuesday June 15, sources said.

Fastmarkets indices
Premium hard coking coal, fob DBCT: $172.27.30 per tonne, up $0.51 per tonne
Premium hard coking coal, cfr Jingtang: $283.29 per tonne, flat
Hard coking coal, fob DBCT: $153.43 per tonne, flat
Hard coking coal, cfr Jingtang: $250.46 per tonne, up $0.21 per tonne 
The metallurgical coke market stayed at a high level over the week to June 11 amid firm demand and tight supply, sources said.
Coke producers are facing increasing domestic coking coal prices and a production curbing policy from the Chinese government, especially in East China's Shandong province, sources said.

China's metallurgical coke prices are much...

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