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26 May
06:25

Coking coal falls on tepid buying interest

Australian fob coking coal prices fell during the week ended 26 May, as slowing steel production activity across the world continue to dent sentiment. Kallanish assessed premium hard coking coal at $212.99/tonne fob Australia, down $7.46/t from $220.45/t fob the previous week. On the Singapore Exchange, Premium Coking Coal Futures for June settled at $220/t fob on Friday, down $6.5/t from $226.5/t fob a week earlier. According to traders, no deals…
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