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

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May 2019 | Steel Raw Materials

Downside factors appear to outweigh upside risks in the coking coal market: Coking Coal and Coke Market Analysis

The month-on-month drop in April is rather a result of a high base in March, with the year-to-date shipments from the major North Queensland ports reaching almost 45 million tonnes (down 6% year on year).

Weather-related disruptions had little effect on export volumes and prices in April. Data from North Queensland Bulk Ports Corporation shows that in April coal shipments (metallurgical and thermal) from major ports in North Queensland declined 12% month on month to just under 11 million tonnes. This includes 2.32 million tonnes shipped from the port of Abbot Point, 3.72 million tonnes – from Hay Point and 4.94 million tonnes from Dalrymple Bay Coal Terminal (DBCT), as the first chart alongside shows. The port of Hay Point is one of the world's largest...


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