July-September iron ore price might go up by 20%, coking coal up 6-13%

According to Nikkei, iron ore from Australia should be settled at US$147/t for July-September, up US$24/t QoQ, while Vale’s iron ore price appears to have risen US$41/t to US$150/t. Average coking coal prices are up US$15/t, with hard coking coal up US$25/t to US$225/t and PCI up US$10/t to US$180/t.