June 2018 | Steel Raw Materials
Chinese coke & coking coal prices lose momentum: Coking Coal and Coke Market Analysis
Trade volume and prices have moved in parallel more recently, and we expect the price drop during the past quarter will coincide with a drop in trade
As expected, Chinese high-grade coking coal and coke prices have lost momentum as premiums over global prices remain under pressure. Shanxi-origin high-end coking coals (delivered Hebei) have been priced at a $15-per-tonne premium to imported Australian premium hard coking coal (cfr Jingtang) over the past few years, though the premium has been volatile (see chart). In exceptional circumstances, such as April 2017, when Australian exports were impeded out of the freight basing point of Dalrymple Bay Container Terminal (DBCT) because of Hurricane Debbie, Chinese coals were actually priced at a discount.
And a...
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 its published.
Subscribe