Australian premium coking coal price plummets

Australian premium hard coking coal price decreased by $10.25/t to $124.75/t FoB following ArcelorMittal’s sell tender concluded at $126/t FoB Australia for 75,000 t of Mar’21-loading Goonyella. Short-term market outlook for Australian coking coal export market remains bearish on limited buying interest, as buyers turned cautious amid uncertainties over the price movement.


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