FURTHER INCREASE IN INT. COAL PRICES

International coal prices not only tend to increase in following months, but also the tempo is bigger and bigger each month. In July, rise in coal indices for DES ARA, RB and NEWC was respectively: 7.2%, 10.8% and 14.1% MOM.

The situation was caused mainly by the limits: limited supply in Indonesia and Australia (weather conditions, mainly the rains) and South Africa (logistic issues in Richards Bay port) and limited production in world’s largest coal consumer – China.

Go to WEEKLY INTERNATIONAL coal markers section.

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