US met coal premiums narrow as Australian FOB recovers

摘要

London—Atlantic coking coal markets on Jan. 26 saw US coking coal premiums narrow to Australian premium HCC, as offers find support on expectations of stronger seaborne demand and suppliers focused on contracts. The Platts US East Coast low-volatile HCC benchmark assessment was stable at $157/mt FOB, based on 58% CSR and 19.25% volatile matter, 8.25% ash and 0.95% sulfur. The Platts US high-vol A index was steady at $151/mt FOB USEC, based on 32.25% volatile matter, 1.05% reflectance (MMR), 220% dilatation, 7.5% ash, 0.95% sulfur, 30,000 ddpm and CSR typically in the low-60s.