Australian coking coal prices soar on robust demand, limited supply

Australian premium low-volatile hard coking coal prices increased by $14/t to $246/t FoB on 26 Aug’21 backed by strong buying interest in the ex-China market and limited spot availability alongside fresh bookings concluded at higher levels. A deal for 75,000 t of HCCA Australian premium mid-volatile Moranbah North material on globalCOAL was concluded at $250/t FOB with Oct’21 laycan.


Comments

Leave a Reply

Your email address will not be published.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