Author: Aditya Sinha
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Australian coking coal prices gain modestly on fresh bookings, reversing downtrend
Australian coking coal prices have been showing an upward movement following several recent transactions concluded at higher levels on FOB basis in ex-China markets. A 75,000t cargo of an Australian premium mid-volatile coking coal was traded on Wednesday 25th Nov at $100/t FOB Australia with a late December laycan. Another trade was concluded yesterday at…