Spot Market for Metallurgical Coal Continues to Get Weakened

摘要

The spot export market for metallurgical coal in the Asian region can’t stop getting weakened. In fact, the spotexport price (FOB: US$/MT) of premium hard coking coal produced in the State of QLD, Australia meant for Asia dropsto slightly more than US$120 at the present moment.Partly because the Government of China practically banned the import of Australian metallurgical coal, the spotexport price of premium hard coking coal dropped to the range of US$103 to US$104 during early December 2020 toearly January 2021.