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

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March 2020 | Steel Raw Materials

Coking coal prices show some weakness amid margin pressure: Coking Coal and Coke Market Analysis

The recent strength of the coking coal market, despite weaker demand in China amid the coronavirus outbreak, was primarily caused by supply disruptions, which offset lower demand.

Seaborne coking coal prices declined last week across the product range with an exception of hard coking coal (HCC) on the fob Australia basic. The Fastmarkets' index for export HCC inched up by $0.90 per tonne week on week to average $144 per tonne Dalrymple Bay Coal Terminal (DBCT) in the week ended Friday March 13. The rest of the indices declined with the sharpest price drop recorded for premium hard coking coal (PHCC) on the cfr China basis – down by $5.86 per tonne to $167 per tonne cfr Jingtang...


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