AUSTRALIA October 21 2014 3:45 PM
PERTH (Scrap Register): The September monthly average prices for Australian exports of Premium Hard Coking Coal (PHCC) and Hard Coking Coal (HCC) fell by 1.22% and 2.29% month-on-month to $112.28 a ton and $93.96 a ton FOB East Coast Australian port respectively.
The daily Premium Hard Coking Coal (PHCC) spot price index for Australian exports fell $0.90 a ton from $112.80 a ton FOB East Coast Australian port at the beginning of the month to $111.90 a ton by the middle of the month, down –0.80%.
Prices then picked up for a week before settling at $112.80 a ton at the end of the month.
TSI’s PHCC index monthly average for September fell –1.22% on a month-on-month comparison to $112.28a ton FOB East Coast Australian port.
On the other hand, TSI’s JM25 PHCC index monthly average for Chinese imports rose by 3.36% m-o-m to $123.15 a ton CFR Jingtang port.