COKING COAL DAILY: Seaborne premium cfr index jumps; buying momentum drives bullish sentiment
The seaborne premium hard coking coal cfr Jingtang index surged on Wednesday September 16 following transactions of premium mid-volatility hard coking coal the previous day, with most market participants positive about the spot market in the short term. Fastmarkets indices Premium hard coking coal, fob DBCT: $121.73 per tonne, up $2.19 per tonne Premium hard coking coal, cfr Jingtang: $135.14 per tonne, up $8.54 per tonne Hard coking coal, fob DBCT: $101.97 per tonne, up $6.71 per tonne Hard coking coal, cfr Jingtang: $109.12 per tonne, up $4.16 per tonne
On Tuesday September 15, a Panamax vessel of premium mid-vol hard coking coal, with October 1-10 laycan, was traded at $128 per tonne cfr China,...
BRL Price at posting:
4.1¢ Sentiment: Buy Disclosure: Held
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