Tag: Cyclone Oma
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Australian Coking Coal Prices Shoot Up Overnight over Weather Concerns in Queensland
Seaborne premium hard coking coal prices shot up by almost 3.75 percent to around US$ 215/mt on Thursday (21 Feb’19), following the announcement of an alert forecasting the approach of a second major cyclone in the north-eastern Australian state of Queensland. Consequently, shipping facilities in the country’s major coal exporting region was feared to suffer…