Author: Rituparna Ghosh

Australian 6000 kcal/kg NAR grade coal prices have risen by a whopping 136% y-o-y to $440/t FOB. Earlier this week, prices were at $457/t, hitting a 14-year high level. The surge in coal prices is followed by elevated LNG prices and the uncertainty of gas flows from Russia to Europe. Moreover, increased bookings from Korea…