COKING COAL DAILY: Premium fob price jumps; likely weather related

The seaborne premium coking coal fob price jumped on Wednesday January 27 following two transactions done at over $150 per tonne fob Australia due to weather concerns, market sources said.

Fastmarkets indices
Premium hard coking coal, fob DBCT: $155.10 per tonne, up $4.89 per tonne
Premium hard coking coal, cfr Jingtang: $217.24 per tonne, up $0.08 per tonne
Hard coking coal, fob DBCT: $124.74 per tonne, up $6.48 per tonne
Hard coking coal, cfr Jingtang: $203.03 per tonne, unchanged

On Wednesday January 27, a 75,000-tonne cargo of premium mid-volatility hard coking coal, with March 5-14 laycan, was traded at $154 per tonne fob...

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