20
Apr
07:51
Coking coal plunges on weak sentiment
Australian fob coking coal prices plunged last week due to subdued demand amid abundant supply.
Kallanish assessed premium hard coking coal at $259.80/tonne fob Australia, slumping $20.89/t from $280.69/t the previous week.
On the Singapore Exchange, Premium Coking Coal Futures for May settled at $252/t on Friday, down $20.5/t from $272.50/t fob a week earlier.
According to a trader, global miner BHP sold 40,000 tonnes of Goonyella/ Goonyel…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous