CFR China prices close to market highs in Asian thermal coal market

摘要

Asia-Pacific delivered prices reached new highsduring Thursday’s trading session as winter demand continued to build for China and Northeast Asian markets, and Indonesian shipperscontended with wet weather, sources said.CFR South China spot prices at $88/mt were not far fromNovember 2016’s record price of of $93.80/mt, basis 5,500 kcal/kgNAR, according to S&P Global Platts data.The year-old Northeast Asia index series is close to October 2017’smarket high of $100.95/mt CFR Japan, basis 5,750 kcal/kg NAR.