COKING COAL DAILY: Halt in Australia cargo demand slashes seaborne prices

Seaborne premium hard coking coal and hard coking coal prices in both fob and cfr markets dropped drastically on Monday October 26 due to lack of demand with sources reporting a stalemate between miners and buyers.

Fastmarkets indices
Premium hard coking coal, fob DBCT: $107.74 per tonne, down $5.51 per tonne
Premium hard coking coal, cfr Jingtang: $119.83 per tonne, down $6.22 per tonne
Hard coking coal, fob DBCT: $95.52 per tonne, down $7 per tonne
Hard coking coal, cfr Jingtang: $104.01 per tonne, down $7.50 per tonne

Immediate trigger for crash was new Fed Chairman pick

Gold stocks slump on metal price decline

Is the gold market starting to turn 'irrationally exuberant'?

Gold stocks explode up as equity markets languish

Gold stocks outpace flat large caps