Tag: Australia coking coal prices
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Australian coking coal prices surge $13/t due to supply worries
Australian coking coal prices surged by $13/t to $258/t FOB on July 2, 2024, driven by uncertainty surrounding the resumption of Anglo American’s Grosvenor mine. Additionally, deals for August-loading cargoes were concluded at higher levels amid supply concerns, with awaited clarity over the delivery of July laycan cargoes by Anglo and unexpected rains in Queensland.