Tag: Australian coking coal prices drop $7/t d-o-d amid lower offer levels

Australian coking coal prices fell by $7/t d-o-d to $228/t on 4 April 2024, amid reduced offer levels. Sellers persistently adjusted their offers downwards due to an oversupplied market. Demand from major importing nations such as India and China remained subdued, as end-users fulfilled their pre-monsoon procurement, while Chinese buyers were inactive during the Qingming…