COKING COAL DAILY: Gloomy outlook for Indian demand despite easing restrictions

Seaborne coking coal prices were unchanged on Tuesday May 5 in the absence of Chinese market participants observing a holiday for Labor Day, but pessimism is growing amid a negative outlook for Indian demand.

Fastmarkets indices
Premium hard coking coal, fob DBCT: $107.12 per tonne, unchanged
Premium hard coking coal, cfr Jingtang: $117.33 per tonne, unchanged
Hard coking coal, fob DBCT: $93.26 per tonne, unchanged
Hard coking coal, cfr Jingtang: $101.48 per tonne, unchanged

The South Asian country earlier this week lifted its...

Smaller juniors still financed even in more cautious market

Gold stocks shrug off equity market decline on metal gain

Geopolitical risk outlook unclear after US election

Low valuations offer a cushion to mining sector

Polarized gold and iron ore moves, moderate aluminum and copper gains