Australian premium coking coal price rallies on sustained strong demand

The FoB price of Australian premium low-volatile (PLV) hard coking coal (HCC) surged by $10/t on 27 May’21 to a nearly four-month high of $151/t, on the back of higher priced bids in Asian markets excluding China. As per latest CoalMint reports, two new bookings have been concluded for PLV HCC cargoes with late June’21 laycan.


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