Author: Aditya Sinha
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Australian Coking Coal: PLV price edges up on fresh deal; weaker grades hold steady
The FOB price for Australian premium hard coking coal (PHCC) has edged higher this week, with new bookings done on FOB basis; however, both CNF China and India markets have been silent. A spot transaction for 75,000 t of an Australian premium low-volatile (PLV) cargo, with mid-October laycan, was concluded yesterday at $107/t FOB Australia.…