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Soaring coking coal prices are now approaching boom time levels

Peter Ker
Peter KerResources reporter
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The extraordinary rally in coking coal prices is now pushing towards boom time territory, with the spot price for premium Australian coking coal rising more than 7 per cent overnight.

Top quality Australian coking coal was selling for $US289.30 per tonne this morning, having leapt from $US270 per tonne the previous day.

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Peter Ker covers resource companies for The Australian Financial Review, based in Melbourne. Connect with Peter on Twitter. Email Peter at pker@afr.com
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    Original URL: https://www.afr.com/business/mining/soaring-coking-coal-prices-are-now-approaching-boom-time-levels-20161107-gsk60c