Japanese reference price agreed at Us$375/tn through to end March next year.
if this is true it is huge news.
https://www.bnnbloomberg.ca/mining-giant-glencore-strikes-one-of-japan-s-most-expensive-ever-coal-deals-1.1797442
I believe in the past a decent proportion of new hope sales is referenced against this benchmark price.
last year it was $110/tn
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