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01 Mar
10:43

Coking coal falls on poor market sentiment

Australian fob coking coal fell amid poor market sentiment during the week ended 1 March. Kallanish assessed premium hard coking coal at $305.47/tonne fob Australia, down $9.12/t from $314.59/t fob the previous week. On the Singapore Exchange, Premium Coking Coal Futures for April settled at $298/t fob on Friday. This is versus the March settlement price of $310/t fob a week earlier. According to traders, a global miner sold 35,000 tonnes of Goonyella on Friday …
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