Coking coal costs rise again on strong interest for Australian materials

Prices for premium hard coking coal (PHCC) on an FOB Australia basis went up on Tuesday September 19 after another spot transaction was heard in the market, industry sources said.

Key drivers

A major Australian miner was heard to have sold a 35,000-tonne cargo of premium mid-volatility (PMV) hard coking coal, with October 21-30 laycan, at $320 per tonne FOB...