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Australia: Coking coal prices up by 30%, exports down 10% in Q3

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Significant rate variant Coking coal prices that decreased during June-July after the war-triggered panic acquiring worked out throughout the globe, began their climb from mid-August amidst Indian mills' restocking activities on the assumptions of need revival (with monsoons nearing its end and also upcoming celebration period). However, in September as well as October while

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The quarterly average of Australian coking coal prices rose by 31% ($120/t) and is currently assessed at $299/t, FoB Haypoint. While the prices had touched its low at $190/t FoB in July due to subdued global demand from steel mills, it has increased ...

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