Insight
Metallurgical coal quarterly contract price round-up Q1 2015
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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Poor import demand for metallurgical coal into China and more stellar production results in Australia triggered a further US$2/t decline in Q1 2015 contract prices for benchmark low volatile hard coking coals, to US$117/t. But the Q1 negotiations were notable for the divergent trends in pricing for met coal products: semi-soft coal prices only fell US$1/t to US$86/t, ULV PCI coal prices stayed flat, whilst top tier MV HCC coals bucked the HCC trend, winning a US$1.5/t increase to US$116.5/t.
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