FOB Australia met coal prices still supported by strong demand from India

The price of premium hard coking coal (PHCC) in the FOB Australia market continued to be supported by strong support from Indian buyers on Tuesday September 5, sources told Fastmarkets.

Key drivers
Indian spot demand remains strong, with market sources giving various estimates for demand from three--to-five Panamax vessels now in the market.

“Indian demand is good because the post-monsoon...

Published

Paul Lim

Olivia Zhang

September 05, 2023

14:50 GMT

Shanghai, Singapore