Author: Lalita
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Australia: Coking coal prices buoyant on limited supply, firm demand
The price of Australian premium hard coking coal (HCC) increased by $1.50/t to $217.50/t FoB amid tight spot supply and strong buying interest for premium mid-volatile coal for Sept’21 delivery. Firm bids for 75,000 t of globalCOAL-branded HCCA, with Sept laycan, rose from $215/t FoB to $219/t on 4 Aug’21.