Author: Aditya Sinha

  • Australian coking coal prices to drop on imminent oversupply

    Australian coking coal prices to drop on imminent oversupply

    Australian coking coal prices ended tad higher this week following higher transacted prices for December-laycan premium cargoes, although Chinese demand remained subdued amid new restriction on coal imports from Australia. Until this week, Australian coking coal prices have been crashing as demand sentiment weakened amid growing panic over the impact of probable coal import restrictions…