Asia seaborne met coal prices stable on limited activity

Prices for premium hard coking coal (PHCC) on an FOB-Australia basis remained steady on Friday August 18, amid limited trading, while China’s PHCC CFR prices continued to edge down in the expectation of coke price cuts.

Key drivers
A major Australian miner was heard to still be harboring bullish sentiment.

“September-shipment PMV cargoes are limited and miners do not have many to offer, so sellers are...


Paul Lim

Olivia Zhang

August 18, 2023

13:22 GMT

Shanghai, Singapore