On October 5, SteelOrbis reported offers for PHCC (premium hard coking coal) from Australia to India up at $228-230/mt CFR India or approximately $213/mt FOB Australia.
Sources inform SteelOrbis that prices have ticked up again. PHCC offer prices to India are reportedly at $218-219/mt FOB, up $5-6/mt compared to earlier in the month. CFR prices have increased also and are now reportedly at $232-234/mt CFR India. The source noted that the present FOB price is about $1/mt less than the prevailing peak last week, which achieved a three-month peak.
HCC (hard coking coal) is reportedly on offer to India at $188-189/mt FOB, up $8/mt from the $180-181/mt FOB price that a source notes as prevalent around October 5. The source noted that HCC has been on a consistent ascent for the past three months.