Australian coking coal prices fall by $25/t on low buying interest

Premium hard coking coal prices fell $25/t d-o-d to $495/t FOB Australia on 11 May’22. Prices fell amid lower buying interest from Europe and China. In addition, ArcelorMittal Sourcing’s sell tender for 75,000 t Australian premium low-volatile coal was not awarded yesterday, with the highest bid reaching $467/t FOB, sources informed.