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26 Apr
10:19

Coking coal dips amid poor market sentiment

Australian fob coking coal dipped during the week ended 26 April due to poor market sentiment. Kallanish assessed premium hard coking coal at $248.96/tonne fob Australia, down $17.24/t from $266.2/t fob the previous week. On the Singapore Exchange, Premium Coking Coal Futures for May settled at $259/t fob on Friday, falling $12/t from $271/t fob a week earlier. According to traders, Japanese steel mill JFE Steel was heard to have bought on Tuesday 75,000 tonnes…
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