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  • Mongolia: Coking coal prices plunge RMB 200/t ($28/t)

    Mongolia: Coking coal prices plunge RMB 200/t ($28/t)

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    by

    Krupa Rawal
    in

    Mongolia’s coking coal prices have fallen significantly by RMB 200/t ($28/t) from RMB 1,970/t ($272/t) on 1 Nov’22. The fall has come amid tepid buying interest from domestic coking plants. Bearish steel demand due to slow industrial activities and increasing Covid-19 cases in the country have weighed on coking coal prices.