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    coal-investing

    Premium Coking Coal Edges Higher on Chinese, European Interest

    Investing News Network
    Jun. 15, 2011 07:47AM PST
    Industrial Metals Investing

    Platts reported that spot prices for premium coking coal was up slightly this week.

    Platts reported that spot prices for premium coking coal was up slightly this week.

    The market news is quoted as saying:

    Mining and trading sources said they had received buying interest from Chinese steelmakers at above $300/mt FOB for premium low-vol HCC, with one source even claiming interest could be found up to $310/mt FOB, and that mills were eagerly inquiring whether any tonnage was available.

    To read the full market news, click here.

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