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WEEKLY: Imported coking coal prices dip on weak demand

ABSTRACT

Over June 20-24, China's demand for imported coking coal including for both seaborne cargoes and Mongolian coal trucked in via border land ports weakened, which then dampened the rising momentum in related coal prices over the previous two weeks, Mysteel's weekly survey showed.
As of June 24, Mysteel's price assessment for hard coking coal, mainly referring to Russian coal trading, with 18.8-27.5% volatile matter, eased to $340/tonne CFR North China, or down $5/t from June 17.   Meanwhile, the price of processed Mongolian coking coal with 10% ash, 27% volatile matter and 0.65% sulphur remained

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