coking coal prices

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Global prices for coking coal continued to rise in October

In early November, the price trend changed due to an increase in market supply

Prices for steel raw materials showed a significant rise in September

Further positive dynamics are at risk due to the potential deterioration of the Chinese economy

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Coking coal prices for September increased by 24% amid low supply

Quotations of raw materials in Australia for the month increased to $333/t, and in China – to $280/t

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Fitch raised its forecasts for iron ore and coking coal prices

It is expected that the price of iron ore in the current year will be $110/t

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Australia predicts a drop in coking coal prices to $200/t by 2025

In 2023, according to the forecasts of the country's government, coking coal quotes will be at the level of $273/t

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World coking coal prices rose amid recovery of China’s steel market

The trend is not considered long-term as the steel market is volatile

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Australia raises price forecast for iron ore and coking coal

Prices are currently forecast at $60/t and $140/t FOB for iron ore and coking coal

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World coking coal prices are falling amid low buyer activity

Quotations of coking coal for the week of April 11-18, 2023, in Australia decreased by 7.1%, in China – by 7.4%

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World coking coal prices fell slightly amid high supply

Coking coal quotations for the week of March 6-13, 2023, in Australia decreased by 1.4%, and in China – by 0.6%

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Fitch has raised its forecast for Australian coking coal prices in 2023

It is expected that in the current year the price will be $350/t

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Australian coking coal prices continue to rise

Market reports indicate potential interest from Chinese buyers

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Coking coal prices from Australia are rising on expectations that China will resume purchases

In 2016-2020, China imported more than 30 million tons of Australian coking coal per year

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