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10 May
10:11

Coking coal rebounds on Chinese optimism

Australian fob coking coal rebounded during the week ended 10 May as positive sentiment in China fuelled the market. Kallanish assessed premium hard coking coal at $251.73/tonne fob Australia, rebounding $4.24/t from $247.49/t fob the previous week. On the Singapore Exchange, Premium Coking Coal Futures for June settled at $251/t fob on Friday, falling $2/t from $253/t fob a week earlier. According to traders, a global miner sold 40,000 tonnes of Goonyella for …
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