Citigroup ups coking coal price forecast to US$200/ton from US$140/ton starting April 1 2010.
Macquarie had previously raised its forecast to S$160/ton, +14.2% from previous.
Current contract price is US$129/ton.
Hopefully PRC will be in a position to deliver into these market prices.
Also, latest analyst report available of the re-vamped PRC website...
http://www.pike.co.nz/files/analyst_reports/McDouall_Stuart_2009-09-03_PRC.pdf
