Australia: Coking coal prices rise on robust buying, rising bids

Australian premium low-volatile hard coking coal prices increased by $5/t to $395/t FOB on higher post-monsoon restocking demand from Indian buyers amidst limited spot availability. The highest incremental bid for globalCOAL Peak Downs premium hard coking coal emerged at $395/t FOB Australia for early-Dec laycan, but did not entice any selling interest, according to sources.


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