Both of Metal Bulletin's premium hard coking coal indices, which track prices in the seaborne market, have fallen below $200 per tonne for the first time since November last year.
The Metal Bulletin cfr China Premium Hard Coking Coal Index fell $4.16 per tonne on Wednesday March 28 to $198.76 per tonne while the fob Australia index shed $6.57 per tonne to $193.81 per tonne.An offer for a cargo of premium hard coking coal was heard to have dropped to $193 per tonne fob Australia...