Benchmark: Premium hard coking coal, FOB Australia. The same tonne prices differently by origin — freight, quality, sanctions and policy set the differential.
| Origin | Basis | Price | vs benchmark | Market note |
|---|---|---|---|---|
🇦🇺 Queensland Australia · premium HCC reference | FOB DBCT | 262.00 | Benchmark | Peak coke strength — the quality benchmark |
🇺🇸 East Coast USA · swing exporter | FOB Hampton Roads | 250.00 | -12.00 (-4.6%)stable | High-vol grades; Atlantic freight advantage to Europe |
🇲🇳 Gobi Mongolia · China-only | DAP Ganqimaodu | 207.00 | -55.00 (-21%)narrowing | Landlocked — truck/rail to China at a structural discount |
Differentials are indicative desk assessments over the live benchmark — 90-day spread trend shown per origin.
Track physical flows on the live vessel map →Indicative term structure · Contango
Converted from 262.00 USD/t · indicative FX
Coking Coal is traded in the energy minerals segment, with price discovery referenced against SGX. The chart above shows the trailing 6-month indicative price path. Physical parcels of Coking Coal can be sourced or placed through the Off Market desk, listed openly on the Marketplace, or intermediated by a specialist broker.
Well-supplied inventories and mild weather weighed on seaborne thermal coal, while coking coal held up on restocking by mills.