Australia coking coal prices fall on low offers, added supply
Prices of premium hard coking coal on an FOB Australia basis fell noticeably on Thursday March 23, with low offers coming to light after a deal on Wednesday, showing that coking coal availability was still relativity high, according to market sources.
Key drivers
An end-user in Indonesia bought a cargo of premium mid-volatility (PMV) hard coking coal at $340 per tonne CFR Indonesia (around $326 per tonne FOB Australia) on Wednesday....
