Spot Market for Metallurgical Coal Gets Weakened Rapidly

摘要

The spot export market for metallurgical coal in the Asian region has got weakened all of a sudden. In fact, thespot export price (FOBT: US$/MT) of premium hard coking coal has now dropped to around US$270.The spot export price of premium hard coking coal rose to around US$310 in early November. In view of this, thisprice was down by as much as about US$40 only for the past one month.