COKING COAL DAILY: Seaborne prices drop but outlook mixed

Seaborne coking coal prices dropped on Thursday March 5, with a premium mid-volatility cargo fetching a price lower than some market participants' expectations because of concerns about the weather in Queensland, Australia.

Fastmarkets indices
Premium hard coking coal, fob DBCT: $159.64, down $3.11 per tonne
Premium hard coking coal, cfr Jingtang: $174.23, down $1.63 per tonne
Hard coking coal, fob DBCT: $141.51, down $3.50 per tonne
Hard coking coal, cfr Jingtang: $155.00, down $1.50 per tonne

A 75,000-tonne premium mid-vol cargo was heard traded at $156.45...

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