COKING COAL DAILY: 'Panic selling' drops PHCC prices

August 02, 2019 / www.metalbulletin.com / Article Link

Low-price transactions amid "panic selling" drove down market levels for premium hard coking coal on Thursday August 1.

Deals were concluded at $169-170 per tonne cfr China for premium mid-vol brands late on July 31, while another trade involving similar materials took place at $167 per tonne cfr on Thursday, according to sources. Those compared with a trading level of $180 per tonne cfr heard for such products on...

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