{"id":70624,"date":"2026-07-05T16:17:58","date_gmt":"2026-07-05T10:17:58","guid":{"rendered":"https:\/\/biztrend24.com\/?p=70624"},"modified":"2026-07-05T16:17:58","modified_gmt":"2026-07-05T10:17:58","slug":"india-bigmints-coking-coal-index-eases-w-o-w-amidst-limited-trade-activities","status":"publish","type":"post","link":"https:\/\/biztrend24.com\/?p=70624&lang=en","title":{"rendered":"India: BigMint&#8217;s coking coal index eases w-o-w amidst limited trade activities"},"content":{"rendered":"<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Australia-India vessel freights rangebound w-o-w<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Indian met coke market turns cautious amid lack of clarity on extension of anti-dumping duty<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>BigMint&#8217;s premium hard coking coal (PHCC) index was assessed at $263\/tonne (t) CNF Paradip, India, on 04 July 2026, down by $4\/t w-o-w. Sufficient inventories and drop in steel prices have held back Indian mills from bidding aggressively for coking coal.<\/p>\n<p>India has not been active in booking Australian coal. However due to weather disruptions &amp; suspension on mining operations in Shanxi, Australian FoB offers have remained supported, cited a source from Indian steel mill.<\/p>\n<p><em>&#8220;Market is weak. We may expect indications at $260\/t, CFR levels too in the near term&#8221;<\/em>, quoted a trader.<\/p>\n<p>BigMint has consolidated its PHCC CFR India Index to include material of all origins, including US, Canada, Mozambique, Australia &#8212; normalised for quality and freight. With India steadily reducing its reliance on Australian PHCC and increasing imports from alternative sources, this update ensures the index accurately reflects evolving market dynamics and trade flows.<\/p>\n<p>Factors influencing prices:<\/p>\n<p>Australia-India vessel freights rangebound w-o-w\u00a0-India&#8217;s dry bulk coal freight market witnessed mixed trends in the week ended 3 July 2026. Firm Australian coal fixtures and tightening prompt vessel availability lent support to Panamax rates, while slower cargo movement from South Africa and Indonesia continued to weigh on select trade routes. Panamax vessel freight assessment of BigMint from Haypoint, Australia to Paradip, India was recorded at $18.9\/t, up $0.5 w-o-w.<\/p>\n<p>Indian met coke market turns cautious amid lack of clarity on extension of anti-dumping duty &#8211;\u00a0BF-grade metallurgical coke prices in eastern India declined sharply by around INR 500\/t w-o-w to approximately INR 36,000\/t ex-Jajpur, reflecting weak sales and limited spot transactions. In contrast, in western India, BF-grade coke prices remained stable at around INR 34,000\/t ex-Gandhidham, supported by relatively stronger regional demand. Foundry-grade coke prices also held steady at approximately INR 36,400\/t ex-Rajkot, backed by consistent demand from the foundry sector.BF-grade metallurgical coke prices in eastern India declined sharply by around INR 500\/t w-o-w to approximately INR 36,000\/t ex-Jajpur, reflecting weak sales and limited spot transactions. In contrast, in western India, BF-grade coke prices remained stable at around INR 34,000\/t ex-Gandhidham, supported by relatively stronger regional demand. Foundry-grade coke prices also held steady at approximately INR 36,400\/t ex-Rajkot, backed by consistent demand from the foundry sector.<\/p>\n<p>Indian HRC, CRC prices remain unchanged w-o-w &#8211;\u00a0India&#8217;s trade-level hot-rolled (HR) plate prices (IS2062, Gr E250 Br, 20-40 mm) remained unchanged across major markets during the week ended 1 July 2026. Prices in Mumbai were stable at INR 60,700\/t ($637\/t), while Delhi prices continued to hold at INR 60,000\/t ($629\/t). Market activity remained largely need-based, with subdued demand keeping overall sentiment cautious. All assessments are ex-Mumbai and exclude 18% GST.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Australia-India vessel freights rangebound w-o-w Indian met coke market turns cautious amid lack of clarity&#8230;<\/p>\n","protected":false},"author":1,"featured_media":70625,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[313],"tags":[],"class_list":["post-70624","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-iron-steel"],"jetpack_publicize_connections":[],"featured_image_urls":{"full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-52.jpg?fit=1280%2C720&ssl=1?v=1783246673",1280,720,false],"thumbnail":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-52.jpg?resize=150%2C150&ssl=1?v=1783246673",150,150,true],"medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-52.jpg?fit=300%2C169&ssl=1?v=1783246673",300,169,true],"medium_large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-52.jpg?fit=640%2C360&ssl=1?v=1783246673",640,360,true],"large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-52.jpg?fit=640%2C360&ssl=1?v=1783246673",640,360,true],"1536x1536":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-52.jpg?fit=1280%2C720&ssl=1?v=1783246673",1280,720,true],"2048x2048":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-52.jpg?fit=1280%2C720&ssl=1?v=1783246673",1280,720,true],"covernews-slider-full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-52.jpg?resize=1115%2C715&ssl=1?v=1783246673",1115,715,true],"covernews-slider-center":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-52.jpg?resize=800%2C500&ssl=1?v=1783246673",800,500,true],"covernews-featured":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-52.jpg?fit=1024%2C576&ssl=1?v=1783246673",1024,576,true],"covernews-medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-52.jpg?resize=540%2C340&ssl=1?v=1783246673",540,340,true],"covernews-medium-square":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-52.jpg?resize=400%2C250&ssl=1?v=1783246673",400,250,true]},"author_info":{"display_name":"Biz Trend 24","author_link":"https:\/\/biztrend24.com\/author\/online24"},"category_info":"<a href=\"https:\/\/biztrend24.com\/?cat=313&#038;lang=en\" rel=\"category\">Iron &amp; Steel<\/a>","tag_info":"Iron &amp; Steel","comment_count":0,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-52.jpg?fit=1280%2C720&ssl=1?v=1783246673","jetpack-related-posts":[{"id":52753,"url":"https:\/\/biztrend24.com\/?p=52753&lang=en","url_meta":{"origin":70624,"position":0},"title":"India: BigMint&#8217;s coking coal index inches down w-o-w on thin holiday trading","author":"Biz Trend 24","date":"January 3, 2026","format":false,"excerpt":"Global coking coal prices stable during New Year holidays Indian steel prices firm up as primary mills lift offers BigMint's premium hard coking coal (PHCC) index was assessed at $236\/tonne (t) CNF Paradip, India, on 2 January 2026, down by $2\/t against the previous assessment on 26 December last. \"The\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-03T131728.381.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-03T131728.381.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-03T131728.381.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-03T131728.381.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-03T131728.381.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":59685,"url":"https:\/\/biztrend24.com\/?p=59685&lang=en","url_meta":{"origin":70624,"position":1},"title":"India: BigMint&#8217;s coking coal index falls to 2-month low amid cautious buyer sentiment","author":"Biz Trend 24","date":"March 7, 2026","format":false,"excerpt":"Bids decline, 75,000-t deal closed at $220\/t FOB Australia US-Iran war lifts vessel freights, dampening fixture activity BigMint's premium hard coking coal (PHCC) index was assessed at $240\/tonne (t) CNF Paradip, India, on 06 March 2026, down by $10\/t against the previous assessment on 27 February. The index has fallen\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-07T122416.823.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-07T122416.823.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-07T122416.823.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-07T122416.823.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-07T122416.823.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":51120,"url":"https:\/\/biztrend24.com\/?p=51120&lang=en","url_meta":{"origin":70624,"position":2},"title":"India: BigMint coking coal index jumps by $11 w-o-w as global prices climb to over 1-year high","author":"Biz Trend 24","date":"December 20, 2025","format":false,"excerpt":"Two deals concluded by Indian mills for Jan'26 loading Australian coking coal price surges to highest since Aug'24 BigMint's premium hard coking coal (PHCC) index was assessed at $238\/tonne (t) CNF Paradip, India, on 19 December, up by $11\/t against the previous assessment on 12 December 2025. An eastern India\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled_design_-_2025-12-20T134911.951_1200x630.jpg?fit=1200%2C630&ssl=1%3Fv%3D1766216994&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled_design_-_2025-12-20T134911.951_1200x630.jpg?fit=1200%2C630&ssl=1%3Fv%3D1766216994&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled_design_-_2025-12-20T134911.951_1200x630.jpg?fit=1200%2C630&ssl=1%3Fv%3D1766216994&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled_design_-_2025-12-20T134911.951_1200x630.jpg?fit=1200%2C630&ssl=1%3Fv%3D1766216994&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled_design_-_2025-12-20T134911.951_1200x630.jpg?fit=1200%2C630&ssl=1%3Fv%3D1766216994&resize=1050%2C600 3x"},"classes":[]},{"id":57064,"url":"https:\/\/biztrend24.com\/?p=57064&lang=en","url_meta":{"origin":70624,"position":3},"title":"India: BigMints coking coal index falls $5 w-o-w as trade remains subdued","author":"Biz Trend 24","date":"February 15, 2026","format":false,"excerpt":"Australian coking coal FoB offers correct downwards w-o-w India's coking coal imports remained largely stable m-o-m in Jan'26 BigMint's premium hard coking coal (PHCC) index was assessed at $249\/tonne (t) CNF Paradip, India, on 13 February 2026, down by $5\/t against the previous assessment on 06 February last. Prices appear\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-15T125509.529.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-15T125509.529.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-15T125509.529.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-15T125509.529.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-15T125509.529.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":55282,"url":"https:\/\/biztrend24.com\/?p=55282&lang=en","url_meta":{"origin":70624,"position":4},"title":"BigMint&#8217;s India steel index rises w-o-w as primary mills hike rebar prices and coking coal costs surge","author":"Biz Trend 24","date":"January 26, 2026","format":false,"excerpt":"rade-level HRC, CRC prices rise w-o-w after mills hike prices Leading primary mills increase BF rebar prices by up to INR 1,250\/t Q4 momentum, rising raw materials prices to support steel prices Morning Brief:\u00a0BigMint's flagship India steel composite index, a barometer of the domestic steel market, recorded an increase of\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-26T120707.496.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-26T120707.496.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-26T120707.496.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-26T120707.496.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-26T120707.496.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":70598,"url":"https:\/\/biztrend24.com\/?p=70598&lang=en","url_meta":{"origin":70624,"position":5},"title":"China weekly: Steel prices extend decline amid seasonal demand slowdown","author":"Biz Trend 24","date":"July 5, 2026","format":false,"excerpt":"Australian PHCC holds firm despite subdued spot buying. Shagang steel maintains long steel prices unchanged for early July. China's steel prices show downward trend in the week ended 3 July 2026. Chinese HRC and rebar prices dropped with the market facing a seasonal slowdown. Furthermore, on the raw materials front,\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-42.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-42.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-42.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-42.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-42.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/70624","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=70624"}],"version-history":[{"count":1,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/70624\/revisions"}],"predecessor-version":[{"id":70626,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/70624\/revisions\/70626"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/media\/70625"}],"wp:attachment":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=70624"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=70624"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=70624"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}