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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, 08 December 11
INDIA MAY SEE 41% ANNUAL GROWTH OF ITS COAL DEMAND DURING THE NEXT 5 YEARS - ICAP SHIPPING
India’s Ministry of Coal expects that India’s coal demand may face an annual 41% rise during the next 5 years, while its coal deficit is ...


Thursday, 08 December 11
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Thursday, 08 December 11
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