Tag: Coking Coal Prices

Australian Coking Coal Offers Surge to USD 241/MT as Major Producers Declare Force Majeure

Apr 6, 2017

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by

Indu Bhusan Nath

in Uncategorized

Coking Coal offers have jumped to USD 241/MT FoB Australia as exports shrunk after most producers in Australia, including the big ones—BHP Billiton and Glencore, declaring force majeure on coal supplies. The supplies are hit due to the damaged rail system, caused by the Debbie cyclone. It is estimated that the huge landslides on the…