Coking coal prices to fall in 2017 on lower Chinese demand

摘要

Coking coal prices may havebeen rising recently on various disruptions toproduction or transport, but they are likely tosoften next year on lower coal demand fromChina, according to Commonwealth Bank ofAustralia analysts. In particular, hard cokingcoal prices FOB Australia are forecast to fall by4% year on year to $95/mt in 2017, then by 1%to $93/mt in 2018.