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02 Jun

Coking coal rebounds on tight supply

Australian fob coking coal prices rebounded during the week ended 2 June, due to tight availability. Kallanish assessed premium hard coking coal at $226.06/tonne fob Australia, up $13.07/t from $212.99/t fob the previous week. On the Singapore Exchange, Premium Coking Coal Futures for July settled at $224.50/t fob on Friday. This was versus the June settlement price of $220/t a week earlier. According to traders, a deal was heard done on 31 May at $228…
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