COKING COAL DAILY: Fob Australia prices underpinned by impending industrial action

摘要

Seaborne coking coal prices moved higher on Thursday December 13, ahead of industrial action in Queensland, Australia that is expected to disrupt services of some coal rail lines in the state.A 50,000-tonne premium low-vol cargo was heard traded a $230 per tonne fob Australia, and a 20,000-tonne mid-vol cargo changing hands at $225 per tonne fob Australia.The trades resulted in Fastmarkets MB’s Premium Hard Coking Coal Index hitting $226.52 per tonne fob Australia during the day, up $3.95 per tonne from the previous day.