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You are here: Home Archive 2010 February Weekly Edition 11th February 2010 Asian demand and congested ports set to lift coal prices

Asian demand and congested ports set to lift coal prices

by Jim Wilson last modified Feb 15, 2010 10:06 AM

PHYSICAL coal prices will strengthen on strong Asian demand and supply bottlenecks and those could lead to a much steeper price rise.

Twenty analysts and industry players polled by Reuters in January forecast modest price gains for the three main benchmarks – thermal coal delivered into Europe and free on board (fob) South African and Australian ports.
The median forecast for coal...

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