Tag: FoB

Australian thermal coal booked at $46 FoB basis by Indian trader

Sep 30, 2020

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by

Aditi Tiwari

in Non Coking

In a confirmed deal, a supramax vessel of Australian coal (5500 kcal/kg NAR) has been booked at $46/t on FoB Newcastle basis for October shipment. The Australian coal prices have moved up by $6-7/t w-o-w basis amid increased buying from China.