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07 Jun
08:59

Coking coal rises on tight supply

Australian fob coking coal rebounded during the week ended 7 June amid tight supply. Kallanish assessed premium hard coking coal at $253.49/tonne fob Australia, up $3.63/t from $249.86/t fob the previous week. On the Singapore Exchange, Premium Coking Coal Futures for July settled at $258/t fob on Friday. This was versus the June settlement price of $250/t fob a week earlier. According to traders, global miner BHP sold 40,000t of Goonyella C/ Caval Ridge for 11-…
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