Coking coal prices to fall in 2017 on lower Chinese demand: CBA

摘要

Coking coal prices may have been rising recently onvarious disruptions to production or transport, but they are likely tosoften next year on lower coal demand from China, according toCommonwealth Bank of Australia analysts. In particular, hard cokingcoal prices FOB Australia are forecast to fall by 4% year on year to$95/mt in 2017, then by 1% to $93/mt in 2018.