Research

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

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July 2019 | Steel Raw Materials


Seaborne coking coal prices continue downtrend as expected: Coking Coal and Coke Market Analysis


While seaborne prices continued their downtrend, both domestic Chinese metallurgical coal and coke prices saw an uptick for the second consecutive week.

Seaborne coking coal prices continued to decline across the range in the week ended Friday July 19, according to Fastmarkets’ daily indices. Premium hard coking coal (PHCC) prices posted biggest drops, retreating further by $4 per tonne in the Australian export and by $2.67 per tonne in the Chinese import markets on a weekly average basis. Hard coking coal (HCC) prices declined by $1.26 per tonne in Australia and by $0.59 per tonne in China. This brought the indices to the lowest level since September 2018 for HCC and since August last year for PHCC. ...

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