Australian coking coal prices fell by $3/t d-o-d to $326/t on 24 Jan’24 amid trade concluded at a lower level. A deal by an International Steel maker was heard concluded at $326/t FOB for about 40,000t GYC for 18-27 Feb’24 laycan. Market participants anticipate a price rebound due to the latest adverse weather conditions and the impending impact of the cyclone.
