Australian coking coal prices surge on spot supply concerns

Australian premium low-volatile (PLV) hard coking coal prices increased by $4/t to $171.50/t, FoB, on healthy demand and concerns over potential supply tightness, as per latest reports. Market participants anticipate Australian PLV coking coal prices to rise further as supply of prompt-loading cargoes for Jul-delivery remain tight.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *