man in quarry


HCC benchmark continues to improve

3 June 2021: CEO Richard Tacon notes that the Asia Pacific seaborne Premium Low Vol benchmark continued to move higher on firm buying interest amid limited spot offers in the premium coking coal segment. Pricing has steadily increased over the last month, rising from a low of USD $106.5/tonne at the end of April, to USD $155/tonne at the end of May. We view this as a long awaited market correction as pricing finally reaches previously expected market consensus.