MARKETS

Coking coal crack?

THE traditional quarterly benchmark mechanism for coking coal seems to be under strain and could end up becoming replaced by index-linked pricing.

Noel Dyson
The days of the benchmark coking coal price could be numbered.

The days of the benchmark coking coal price could be numbered.

That is the view of the Singapore Exchange’s Adrian Lunt. During the third quarter the daily spot price for coking coal averaged almost $133 per tonne, about 44% higher than the third quarter quarterly...

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