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COKING COAL DAILY: China import price hits five-year high

Coking coal prices continued to rise in the cfr China market on Thursday June 24, breaking the $300 per tonne mark and hitting a five-year high amid bullish market sentiment caused by supply tightness in domestic coking coal, sources said. The fob market was largely stable on Thursday.

Fastmarkets indices
Premium hard coking coal, fob DBCT: $183.8 per tonne, up $0.13 per tonne
Premium hard coking coal, cfr Jingtang: $303.34 per tonne, up $6.48 per tonne
Hard coking coal, fob DBCT: $156.93 per tonne, unchanged
Hard coking coal, cfr Jingtang: $264.32 per tonne, up $0.58 per tonne

Fastmarkets’ calculation of the index for premium hard coking coal, cfr Jingtang was $303.34 per...