Asian coking coal prices still on strong uptrend amid sustained demand, tight supply

The price rise in premium hard coking coal (PHCC) in the FOB Australia market showed no sign of slowing on Tuesday September 12, continuing to surge amid strong demand and with open bids on the globalCOAL trading platform, industry sources told Fastmarkets.

Key drivers

A major Australian miner was heard to be looking for interest in a 30,000-40,000 tonne cargo of Australian premium mid-volatility (PMV) hard coking coal (HCC), with October 21-30...

Published

Paul Lim

Olivia Zhang

September 12, 2023

13:00 GMT

Shanghai, Singapore