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Wednesday, 25 October 17
COAL MARKETS REMAINED SUBDUED - DANIEL HYNES
Coal ExcavatorCoal markets remained subdued.

Daniel Hynes, Senior Commodity Strategist at ANZ, Coking coal prices were unchanged amid an absence of fresh offer and bids in the physical market. China Customs data suggests demand remains positive though.

Daniel Hynes further said in his linked in posting, Imports of coking coal rose 8.8% y/y to 6mt in September. This was also up 7% from August. The rise in imports was driven by Australia, which grew 16.7% y/y.


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