Balto - that's just the nature of the markets - sometimes customers baulk at high prices & change their priorities/terms. In any case, any prices over $US100 are not to be sneezed at. The RB price on the Bloomberg chart is only updated on a weekly basis, so it may not be accurate. I did see somewhere this morning that Korean customers were paying up to $141 tonne for RB coal.
Here's a news article, which mentions the RB price drop to $126: Australian Coking Coal Rises 6.9% as Flooding Disrupts Supplies
- Forums
- ASX - By Stock
- CCC
- coal & queensland
coal & queensland, page-7
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)