THIS IS JUST THE START!!! THERMAL COAL FOB NEWCASTLE APRIL HIT US$415 TONIGHT AND NO, THIS IS NOT A TYPO. TOMORROW WILL BE HUGE FOR COKING COAL.Disrupted Russian coal supply pushes up seaborne coking coal fob prices
Seaborne coking coal fob prices jumped on Wednesday March 2 following a surge in thermal coal and pulverized coal injection (PCI) prices, with the Russia-Ukraine crisis hampering Russian coal supply, market sources said.
Fastmarkets indicesPremium hard coking coal, cfr Jingtang: $403.18 per tonne, unchanged
Hard coking coal, cfr Jingtang: $358.65 per tonne, up $0.93 per tonne
Premium hard coking coal, fob DBCT: $476.48 per tonne, up $19.73 per tonne
Hard coking coal, fob DBCT: $412.69 per tonne, up $11.26 per tonne
In the fob Australia market, there were two trades sealed on Wednesday.
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Open | High | Low | Value | Volume |
7.5¢ | 7.5¢ | 7.2¢ | $28.71K | 391.0K |
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No. | Vol. | Price($) |
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1 | 250000 | 7.1¢ |
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Price($) | Vol. | No. |
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7.5¢ | 393284 | 2 |
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No. | Vol. | Price($) |
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1 | 250000 | 0.071 |
2 | 100000 | 0.070 |
1 | 25000 | 0.069 |
1 | 150000 | 0.068 |
2 | 42000 | 0.066 |
Price($) | Vol. | No. |
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0.077 | 99999 | 1 |
0.079 | 40000 | 1 |
0.083 | 55000 | 1 |
0.085 | 2083 | 1 |
0.087 | 14207 | 1 |
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