On a small positive note coking coal prices have jumped to about US$200/t in last week,a near $30 increase. There are a lot fewer ships waiting offshore about 40% less than normal. It looks to me that BCB is not the only one battening down the hatches and maybe the majority are. Producing at a mined cost lossmakesbad business.
BCB Price at posting:
7.5¢ Sentiment: None Disclosure: Held
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