
Australian coking coal exports drop 17% MoM in January 2024
Australian coking coal exports dropped 17% m-o-m to 10.80 million tonnes (mnt) in January’24 as against 13.08 mnt in December’23

Australian coking coal exports dropped 17% m-o-m to 10.80 million tonnes (mnt) in January’24 as against 13.08 mnt in December’23

India’s coking coal imports in January’24 fell by 5% to 4.77 mnt as against 4.99 mnt in December’23, as per BigMint data.

Australia’s metallurgical coking coal exports in December continued to recover from October and November to a six-month high

The seaborne metallurgical coal market faces a murky path in 2024, with premium hard coking coal prices expected to remain elevated in Q1

As the Spring Festival approaches, the safety situation in production areas remains strict, and coal mines have begun to arrange holidays…

Australia’s Queensland coal ship queues remain stubbornly high, as weather interruptions disrupted the usual December increase in exports

Australia’s metallurgical coking coal exports rose above 13mn t in November for the first time in five months

China faced difficulties to increase its coking coal supply notably in 2023, as frequent safety inspections soared

Met prices are driven primarily by China, then marginally by other regional demand sources, so let’s start there

Driven by the stabilization of the domestic macro-economy and higher-than-expected increase in steel exports, demand for steel has rebounded

Chinese prices of coking coal are seen softening this month amid a mild glut, as expected declines in hot metal output weigh on demand

Australian coking coal exports dropped 4% y-o-y to 147.84 million tonnes (mnt) in CY’23 as against 153.48 mnt in CY’22