Asian met coal prices jump on renewed Chinese demand, India fails to keep up

Prices for Asian metallurgical coal increased on Tuesday August 1 on a transaction heard in the Australian export spot market, market sources said.

Key drivers

There was active market chatter that a major Australian miner had sold 75,000 tonnes of Saraji premium low-volatility (PLV) hard coking coal (HCC) with September 11-20 laycan at...