Research

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

Change font size:   

May 2018 | Steel Raw Materials


Coal price recovery threatens to squeeze cokers: Coking Coal and Coke Market Analysis


MB’s weekly price assessment for Chinese coking coal refers to a range of different coking coals, with the best quality material available on the spot market at an unusually high, though rapidly falling, premium over Australian PHCC.

As we expected, Australian coking coal exporters established a floor in the week before last, whether temporary or otherwise, and succeeded in raising prices last week by 2-5%. Unsurprisingly, the bigger hikes related to the premium hard coking coals (PHCC), which as detailed last week, had become competitive, when compared to higher quality China-origin coals.

To recap, MB’s weekly price assessment for Chinese coking coal refers to a range of different coking coals, with the best quality material available on the spot market at an unusually high, though rapidly falling,...

ACCESS RESTRICTED

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.


SUBSCRIBE


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.

Subscribe


Already subscribed?