Australian coking coal prices rise by $8/t d-o-d

Australian premium hard coking coal prices increased by $8/t d-o-d to $258/t FOB on 6 Dec’22. A trade of 75,000 t was concluded on 5 Dec’22 at $260/t FOB for 25 Dec-4 Jan laycan. There is slight improvement in buying interest from India for January shipments. This coupled with heavy rainfall in Queensland is believed to have supported coking coal prices.


Comments

Leave a Reply

Your email address will not be published.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