COKING COAL DAILY: New buying interest in fob Australia market

Seaborne coking coal prices increased in the fob Australia and cfr China markets on Wednesday August 4. New buying interest for Australian August-laycan cargoes increased in the fob Australia market while strong offers for United States-origin coking coal in the cfr China market scaled back buying, sources said.

Fastmarkets indices
Premium hard coking coal, fob DBCT: $215.51 per tonne, up $0.84 per tonne
Premium hard coking coal, cfr Jingtang: $327.49 per tonne, up $0.80 per tonne
Hard coking coal, fob DBCT: $184.91 per tonne, up $2.50 per tonne
Hard coking coal, cfr Jingtang: $280.52 per tonne, up $0.30 per tonne
The seaborne coking coal market held strong on Wednesday amid supply tightness in both domestic and imported resources, sources said.

Domestic supply is tight because coal mines...