28
Apr
10:13
Coking coal dives amid selling pressure
Australian fob coking coal prices dived last week amid selling pressure due to more supply and less demand.
Kallanish assessed premium hard coking coal at $229.28/tonne fob Australia, slumping $30.52/t from $259.80/t the previous week.
On the Singapore Exchange, Premium Coking Coal Futures for May settled at $234.67/t on Friday, plunging $17.33/t from $252/t fob a week earlier.
According to traders, global miner BHP sold 30,000 tonnes of Saraji for 1-10 Jun…
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Anonymous
Very good overview of the weekly steel market.
Anonymous