The Argus assessment for premium low-volatile (PLV) hard coking coal delivered on a fob Australia basis started last year on a firm footing, reaching a 2024 high of $336.65/t fob in mid-January before sliding below $300/t fob by early March. In the cfr China market, concerns over tightening domestic coking coal supply mounted after higher snowfall and lower temperatures in north China disrupted production. This resulted in the fob Australia-cfr China premium hard coking coal (PHCC) arbitrage opening again on 30 January.
Download the full white paper to find out more, including:
- Price trends in 2024
- Market unfazed by Australian supply disruption
- Australian exports remain firm
- China sustains import demand growth
- Indonesia shakes up met coke market
- India’s met coal imports decline
- Domestic policies reshape supply chains
- US exports reach six-year high
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As a leading authority on energy and commodity markets across the globe, Argus is uniquely positioned to provide in-depth analysis and expert thought leadership. Our white papers are carefully written by Argus specialists from across our company. Each white paper focuses on a topical theme, exploring areas such as supply and demand dynamics, price trends, trading activity, and changing regulations. We always aim to provide a balanced view, underpinned by data and insight gathered firsthand from the market.
