This is an unwinnable argument as there is no benchmark for coking coal. If I was to quote the price for coking you would argue that that price is not representative of the industry here, here and here. Many people (me included) use the Newcastle thermal coal benchmark and add there own percentage rule to get an approximate figure. But you knew all that.
B2Y Price at posting:
2.9¢ Sentiment: None Disclosure: Held