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16 Jun
15:43

Teck sees coking coal spread widening in Q2

Canadian coking coal supplier Teck Resources Limited expects the spread between its contract prices and average realised prices to expand in the second quarter, Kallanish learns from a company statement. Q2 quarterly contract prices were set at $190/tonne, based on an average of three assessments. Average realised prices, however, are expected to be $160-165/t. “The differential between the quarterly benchmark price and our average realised price for th…
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