Spot Export Price of Hard Coking Coal Sharply Drops to US$128

摘要

The spot export market for metallurgical coal in the Asian region has never stopped getting weakened. In fact, the spot export price (FOB: US$/MT) of premium hard coking coal produced in the State of QLD, Australia as a near-term shipment sharply drops to around US$128 at the present moment, and dipped below US$130 at long last. As previously reported, the contract price of premium hard coking coal in the period from July to September in 2019 is US$177.79, down by US$30.10 (14.5%) from the prior period. In view of this, the current spot export price is down by as much as nearly US$50 from the contract price in the period from July to September.