21
Jun
08:08
Coking coal plunges on lacklustre demand
Australian fob coking coal plunged late in the week ended 21 June amid lacklustre demand.
Kallanish assessed premium hard coking coal at $236.61/tonne fob Australia, tumbling $21.16/t from $257.77/t fob the previous week.
On the Singapore Exchange, Premium Coking Coal Futures for July settled at $236/t fob on Friday, down $18/t from $254/t fob a week earlier.
According to traders, a producer sold 50,000t of Australian low-volatile pulverized coal injection (PCI…
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Anonymous
Very good overview of the weekly steel market.
Anonymous