I read that yesterday:
Coking Coal
Chinese coking coal market prices picked up in the third quarter of this year, from lows in May and June. Prices gradually recovered from around US$240/t CFR China in early July to US$280/t by theend of September. Currently, an ongoing shortage of Chinese domestic prime low-volatile (PLV) hardcoking coal has supported seaborne market at around US$280/t. China’s leading coke producerraised prices as a response to mounting cost pressures due to tighter supply conditions in the metcoal sector.Hard coking coal prices in other markets are higher, with Australian PLV selling at US$367/t FOB as at11 October. This has been driven in part by strong demand in India, post monsoon.
Thermal Coal
The thermal coal market also improved during the quarter, with CFR South China 5500 kcal NARprices starting July at $90/t and finishing the quarter at around $110/t. This rally started with high temperatures recorded in China then further sustained by coal mine accidents and safety inspectionsin all coal mining regions of China which tightened the supply / demand balance. Outside of China,
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0.9¢ |
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Mkt cap ! $25.64M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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22 | 6143248 | 0.008 |
10 | 5046998 | 0.007 |
3 | 980000 | 0.006 |
1 | 400000 | 0.005 |
3 | 1303888 | 0.004 |
Price($) | Vol. | No. |
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0.010 | 2112444 | 4 |
0.011 | 4240049 | 8 |
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