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Coking coal price rises to $355, highest level in 7 years

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Coking coal price rises to $355, highest level in 7 years

 

Australian coking coal rose again to $355 per ton, rising to at least 7-year high on limited supply.

 

A deal for 75,000 t of premium mid-volatile hard coking coal from Australia was reported at $355/t FOB for November laycan on the globalCOAL platform, according to insiders.

 

The prices have jumped from $300/t FOB registered last week and reached the highest level since at least the start of 2014.

 

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