Author: Aditya Sinha
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Australian coking coal prices surge on premium tender conclusion
The FoB spot price for Australian premium low-volatile (PLV) hard coking coal (HCC) surged by $10.5/t this week to a near three-month high with a sell tender concluded at a higher level. Firm bids were reported for this tender from $103/t to above $110/t FoB Australia, according to market sources. Earlier however, FoB prices for…