| It‘s hard to imagine metallurgical coal exerting much influence on other commodity markets. But when the price of a commodity quadruples in slightly over 10 months, its clout amplifies.
A range of products in the metals and coal markets have glided into the slipstream of the year’s best commodity price performance – ignited by crippling Chinese and Australian coal supply shortages. Spot premium hard coking coal prices from Australia was assessed at $310/mt FOB Australia on November 10, up from $76.45/mt FOB Australia at the start of the year............................................Full Article: Source
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