Tag: Switzerland

Glencore lowers Australian Thermal Coal’s Contract Price for Japan’s Tohoku Electric

May 18, 2020

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by

Aditi Tiwari

in Non Coking

The contract price between global miner, Glencore and Japan’s Tohoku Electric Power which serves as an industry benchmark for supplies of seaborne thermal coal (6300kacl/kg) in Asia has been set as USD 68.75/MT till Mar’21. This is down by 27% against the last year’s contract price of USD 94.75/MT. The price set is lowest since…