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Thursday, 12 March 09
ANALYSIS-FIRST NEW JAPAN COAL DEAL MAY NOT SET BENCHMARK - FOREXPROS.COM


* Informal coal-deal practice may come to an end this year

* Buyers expected to ask for a discount

* Biggest losers may be Chinese coal suppliers

Forexpros.com reported that, In the past, the first annual thermal coal deal of the new year between Australian miners and Japanese importers, sealed this week at about $70 a tonne, would set a benchmark that few would be brave enough to buck.

But that informal decades-old practice may come to an end this year, as a relative abundance of lower-grade alternatives means buyers elsewhere are expected to ask for a discount.

to read more click
forexpros.com



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Thursday, 28 January 10
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Thursday, 28 January 10
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Thursday, 28 January 10
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Thursday, 28 January 10
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Thursday, 28 January 10
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South African State-owned rail transport enterprise Transnet wants to increase coal-line rail capacity to 81-million tons a year as part of its Quan ...


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