Asia coking coal price rockets 11% upward on new transaction, strong demand

Prices for premium hard coking coal (PHCC) in the FOB Australia market rocketed upward on Wednesday September 13 after a particular transaction was heard concluded, industry sources told Fastmarkets.

Key drivers

A major Australian miner was heard to have sold a 40,000-tonne cargo of Goonyella C premium mid-volatility (PMV) hard coking coal (HCC), with October 21-30 laycan, at $321...


Paul Lim

Olivia Zhang

September 13, 2023

12:48 GMT

Shanghai, Singapore