COKING COAL DAILY: Seaborne fob prices rise due to tight supply, bullish India market

February 05, 2021 / www.metalbulletin.com / Article Link

Seaborne coking coal prices in the fob market climbed on Thursday February 4 with trader sources in India citing strong demand for steel and healthy production levels there.

The cfr market remained quiet on Thursday with the Chinese New Year holiday approaching.
Fastmarkets indices
Premium hard coking coal, fob DBCT: $157.54 per tonne, up $0.01 per tonne
Premium hard coking coal, cfr Jingtang: $217.23 per tonne, unchanged
Hard coking coal, fob DBCT: $135.07 per tonne, up $2.50 per tonne
Hard coking coal, cfr Jingtang: $203 per tonne, unchanged

No transactions were heard on...

Recent News

Canada second most significant player in global mining M&A

July 22, 2024 / www.canadianminingreport.com

Plenty of potential for continued rotation out of tech

July 22, 2024 / www.canadianminingreport.com

Platinum to palladium ratio low, platinum to gold high, versus history

July 15, 2024 / www.canadianminingreport.com

Gold stocks up on metal and equities gains

July 15, 2024 / www.canadianminingreport.com

Most major metals rebound on potential global monetary easing

July 09, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok