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13 Feb
04:27

Fitch Solutions revises up coking coal price forecast

Fitch Solutions is revising upwards its Australian coking coal price forecast for 2023 from $300/tonne to $350/t. The research house expects price support to stem from the resumption of imports from China, Kallanish notes. It expects coking coal prices to remain elevated around current levels in 2023, but to see limited increases above these levels. Despite stronger steel production growth in India, the second largest importer, it says coking coal imports fro…
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