Premium hard coking coal FOB price jumps on concerns over port congestion

Premium hard coking coal price in the FOB market jumped on Tuesday December 20 on improved buying interest, concerns over port congestion in eastern Australia and expectations that China will re-enter the market next year, sources said.

Coking coal prices in the CFR China market, meanwhile, were relatively flat.
Key drivers

A 35,000-tonne, February-laycan cargo of premium low-volatility (PLV) hard coking coal was traded at $268.15 per...

Published

Min Li

December 20, 2022

12:33 GMT

Shanghai