COKING COAL DAILY: Rising procurement demand in cfr, fob markets

July 23, 2021 / www.metalbulletin.com / Article Link

The coking coal market in China inched up on Thursday July 22 due to necessary procurement demand from steel mills. The fob coking coal market also increased with firm buying interest for cargoes loaded in August and September, sources said.

Fastmarkets indices
Premium hard coking coal, fob DBCT: $214.14 per tonne, up $3.06 per tonne
Premium hard coking coal, cfr Jingtang: $310.53 per tonne, up $1.22 per tonne
Hard coking coal, fob DBCT: $180.91 per tonne, up 2.49 per tonne
Hard coking coal, cfr Jingtang: $267.90 per tonne, up $0.81 per tonne
The seaborne coking coal market in China inched up on Thursday due to a new round of procurement demand from Chinese large steel mills, sources said.

A large state-owned steel mill from northeast China launched...

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