7 Apr 2017
Coking coal prices jumped above USD200/t - ANZ
Analysts at ANZ noted the price action in a key commodities industry for China and Australia.
Key Quotes:
"Coking coal prices jumped above USD200/t as buyers desperately tried to secure supplies in face of the disruption in Australia. With stockpiles at the port relatively limited, the tightness is going to be felt almost immediately. Buyers are scouring the globe for supply, with Russia and domestic."