Tag: Australia rains

Australia: Coking coal prices fall $40/t in 1 week amid sluggish global demand, cheaper Chinese coke prices

Nov 17, 2022

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by

Krupa Rawal

in Coking

Rising since mid-August 2022, Australian coking coal prices touched $321/t FOB in the first week of November due to supply disruptions in Australia with a La Nina event causing heavy rains in the region. However, sentiments have changed in the last one week, with prices falling by $40/t to $280/t FOB Haypoint, Australia. The sudden…