Seaborne metallurgical coal FOB PLV prices rally on firm buying interest

摘要

Singapore—Seaborne metallurgical coal prices continued to trend higher following firm buying interest in the premium coking coal segment. S&P Global Platts on Jan. 20 assessed Premium Low Vol up $5.50/mt at $131/mt FOB Australia, and PLV CFR China flat at $214.50/mt CFR China. In the spot market, firm buying interest continued to support prices and two spot transactions were reported done at higher price levels in the premium coking coal segment. A trade was done for an Australian premium low volatile matter Peak Downs at $131.5/mt FOB Australia, 45,000 mt with March 1-10 laycan.