28 January 2019
With the markets closed for Australia Day celebrations, it was fairly quiet in the Asian coal markets. Though there was still some interest from India and even China for Indonesian material, despite this time of year typically being very quiet ahead of the Chinese New Year celebrations.
Heard in the Market
2H Feb FOB S. Kal $49.00 Offered $49.00 75kt 4300 NAR
March FOB E.Kal $36.00 Bid / $37.50 Offered 50kt 3800 NAR
Feb FOB East Kal TRADES $26.80 basis 3400NAR Grabbed & Geared
March FOB NEWC $100.10 Offered 25kt 6000NARAn
April FOB NEWC $100.10 Bid 25kt / $102.20 Offered 50kt 6000NAR