SGX TSI FOB Australia Premium Coking Coal Futures,May-2024,Composite FuturesSGX
Description
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Coking coal is used in steel mfg as raw material with iron ore. ACF Futures have broken key resistance $204 in July with support at $200 and resistance at $233 in August. Closing >$233 in Aug. could see coking coal at $266 in Sept.