Australian coking coal rose again to $355 per ton, rising to at least 7-year high on limited supply.
A deal for 75,000 t of premium mid-volatile hard coking coal from Australia was reported at $355/t FOB for November laycan on the globalCOAL platform, according to insiders.
The prices have jumped from $300/t FOB registered last week and reached the highest level since at least the start of 2014.