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13 Jul
16:01

Coking coal prices seen averaging at $150

Coking coal prices should remain steady in the $120-170/tonne range throughout the fiscal year through March 2018 (FY18) due to steady Chinese demand and increasing demand from India, according to India Ratings & Research (Ind-Ra). Coal production recoveries in Australia and China will weaken coking coal prices in FY18, but the average price for the full year may continue to remain high versus the first half of FY17. This is due to continued supply-side cons…
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