Benchmarks give way: How global met coal markets are changing with the adoption of spot price indexes
Published April 2018
Pricing in metallurgial or coking coal markets has entered a distinct new phase. Increased spot market activity, the use of futures and hedging, and the adoption of different price structures in coking coal are all part of longer-term trends that are transforming the market globally, in a way not unlike the changes seen in the iron ore market earlier this decade.
