Good news for Coal Should

"Under the deal with Australia, China has agreed to reverse higher duties it recently imposed on Australian coal exports: the coking coal duty will be cut to zero and the thermal coal duty to 4 percent from 6 percent and then phased out across two years, the Australian newspaper reported Nov. 15. It said Australian agricultural exports including beef, most grains and seafood will see tariffs cut to zero between now and 2021."

http://www.bworldonline.com/content...-deal-to-drive-exports-beyond-mining&id=98001

Maybe the bankers where waiting for this news !