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05 Jan
08:27

Coking coal rebounds on tight supply

Australian fob coking coal prices rebounded during the first week of 2024 as tight supply remains a concern. Kallanish assessed premium hard coking coal at $328.53/tonne fob Australia, up $11.85/t from $316.68/t fob the previous week. On the Singapore Exchange, Premium Coking Coal Futures for February settled at $324.75/t fob on Friday. This was versus the January settlement price of $323/t fob a week earlier. Citing globalCoal, a Singapore-based trader rev…
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