Prices
May 19, 2020
CRU: Coking Coal Prices Steady, But Uncertainty Persists
Written by Manjot Singh
By CRU Senior Analyst Manjot Singh, from CRU’s Metallurgical Coal Market Outlook
Seaborne coking coal prices were steady last week as market participants adopted a “wait-and-see” approach due to the ongoing uncertainty in the coal market. There are upside risks to seaborne prices in the form of relatively strong demand in China, and ease of restrictions in India, but downside risks due to restrictions on Chinese coal imports and the recommencement of operations at some U.S. coal mines.
