AQJ aus asia minerals limited
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feb indo coal prices continue to increase

  1. kiwihiker
    1,809 Posts.
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    11/02/11
    10:16
    Post #: 7876987
    Once again, Indonesian coal price indexes across all grades are up between 11 and 13%. Lowest grade coal of 4200 GCV now over USD63 per MT FOB. 5000 GCV coal is now over USD87 per MT FOB and 5400 GCV coal is over USD95 per MT. Nice.

    We don't know what the contract value is, but with quarterly renegotiations, things are looking bright!

    I'll post a piccie of the reference price (see coalspot.com - worth being a member of) when I get home tonight.
    AQJ Price at posting: 8.6¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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