Global metallurgical coal short-term outlook December 2019: market deals out range bound prices
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Report summary
Table of contents
- Imported HCC prices fail to rise - bound in tight range
- Lifting of port restrictions in January opens up import cargoes
- February brings a return to increased prices but on a slow rate
- SSCC and PCI spot prices listless on subdued demand
- China: mine slowdowns start in advance of Lunar New Year
- China: safety inspections affect Shanxi production
- Australia: supply growth challenged by bushfires
- Australia: Lower 2020 guidance for United Wambo and Maules Creek
- Australia: Carborough Downs resumes production
- Australia: Bounty Mining suspends Cook
- China: stronger hot metal production drives domestic coal demand amid looming holiday
- India: Automobile sector continues to remain weak on wider economic concerns
- 2 more item(s)...
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