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

Change font size:   

January 2020 | Steel Raw Materials

Coking coal prices remain firm, supported by elevated domestic prices in China: Coking Coal and Coke Market Analysis

But as domestic coal prices accelerate quicker compared with imported material, the increased price competitiveness of the latter eventually leads to higher buying interest for imports.

The Chinese metallurgical coal market has seen differential for local coals over and above seaborne material remain elevated way above historic averages since the beginning of the second half of last year. The differential peaked at $65 per tonne in late September 2019, while a long-term average has been $22 per tonne, excluding tax. Domestic prices have been supported by restrictions on imports of coal from Australia over the past year, among other reasons such as firm demand. This year so far, we...


You must be a paid subscriber to view the full content.
Content over 60 days old can only be accessed by subscribers.
Call +44(0)20 7779 8000 with your credit card details or subscribe online.


Receive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts. Plus download the latest issue as soon as it’s published.


Already subscribed?