Author: Lalita

Australian coking coal rallies on firm buying in ex-China markets

Jun 5, 2021

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by

Lalita

in Coking

Australian premium low-volatile (PLV) hard coking coal prices surged by $4/t on 4 Jun’21 to $167/t, FoB, on strong buying interest and higher bids. Market participants anticipate prices to rise further as supply of Australian PLV cargoes with Jul’21 laycan remains tight.