Tag: US Coking Coal
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Australia, US coking coal prices fall amid low demand
Australian premium HCC FOB prices fell by $6/tonne (t) w-o-w to $439/tonne (t) on 8 Feb’22.. Why did prices fall? Prices fell in tandem with the drop in demand for Australian coking coal in the spot market. Buyers from India and ex-China markets have retreated into a wait-and-watch mode, awaiting a clearer price direction. Another…