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Coal

1. voda 8 april 2025 08:06

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   • voda

     Lid sinds: 02 dec 2005

     Laatste bezoek: 12 apr 2025

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   Coking coal prices rise on supply disruption
   Seaborne coking coal prices rose during the week ended 4 April due to supply concerns arising from the shutdown of Moranbah North coal mine amid dangerous carbon monoxide levels.
   
   Kallanish assessed premium hard coking coal at $175.42/tonne fob Australia on Friday, up $7.73/t from $167.69/t a week earlier.
   
   On the Singapore Exchange, premium coking coal futures for May settled at $183.75/t fob, versus the April settlement price of $175.5/t fob in the previous week.
   
   According to an Australia-based analyst, a trade heard done at $176.62/t fob for 40,000t of Goonyella for 16-25 May laycan on Friday.
   
   According to a Singapore-based trader, there were two bids in the market on Thursday. The bid price for 75,000t of Peak Downs for May laycan stood at $165/t fob while 75,000t of Peak Downs or Saraji for May laycan was at $152/t.
   
   A Singapore-based trader says the market is focusing on the shutdown of Moranbah North coal mine in Queensland due to gas issue. "The paper market spikes on this, but physical market remains unchanged," he says, adding the offers are high following this issue.
   
   Voor meer, zie link:
   
   www.kallanish.com/en/news/steel/marke...