Forecasts and market analysis based on price assessments from Fastmarkets MB and Fastmarkets AMM

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April 2019 | Steel Raw Materials

Coking coal prices remain pressured despite firm outlook: Coking Coal and Coke Market Analysis

Port restrictions have given buyers an edge in negotiations, as overall imports remain high.

While coking coal prices remained relatively less volatile when compared to the movements in the iron ore market last week, cautious buying in the Chinese steel market kept momentum down. Fastmarkets’ cfr Jingtang premium hard coking coal index dropped 3% week on week to $200 per tonne on the week ending Friday April 5. The fob Dalrymple Bay Terminal (DBCT) PHCC index also fell by 2% week on week and averaged at $204 per tonne last week. While PHCC prices have been following a downward trajectory since the start of March, domestic hard coking coal prices have exhibited greater stability,...


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