Having pushed for lower prices when announcing their bids for ex-Australia coking coal recently, customers have ultimately been successful. Accordingly, on April 22, a 80,000 mt cargo of ex-Australia low-volatility premium hard coking coal (HCCLV), Peak Downs brand, for June laycan, has been traded at $500/mt FOB Australia. One more cargo for 75,000 mt of ex-Australia mid-volatility premium hard coking coal (HCCA), for Goonyella C brand, has been sold at $449/mt FOB Australia, for 11 May-20 June laycan. Meanwhile, ex-Australia low-volatile pulverized coal injection (PCI) is reported to be available at $458/mt FOB.
Previously, as SteelOrbis reported earlier, on April 19, a 75,000 mt cargo of ex-Australia low-volatility hard coking coal (HCCLV), with May laycan, was traded at $514/mt FOB Australia. Afterwards, the suppliers were encouraged to increase their offers to $555/mt FOB Australia.