Today, December 1, a 75,000 mt cargo of ex-Australia premium low-volatility hard coking coal, Peak Downs, was traded at $249/mt FOB, with January 23 laycan. This is a $1.5/mt rise compared to the level in the previous trade done yesterday, November 30. Meanwhile, semi-soft coking coal prices are at around $205/mt FOB Australia.
Meanwhile, coking coal futures at Singapore Exchange (SGX), December 1, on the contrary, have declined in price. Accordingly, ex-Australia coking coal prices for January contracts have declined by $1.67/mt compared to the previous level to $272/mt, while for February contracts prices have decreased to $277.67/mt, down $1.33/mt from the previous levels.