COK cockatoo coal limited
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posco and anglo coal settle q3 prices for coki

  1. spaceboyc
    462 Posts.
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    13/06/12
    10:29
    Post #: 10297742
    Bloomberg, citing a report in Platts, reported that POSCO has agreed to pay Anglo American Plc USD 225 per tonne for coking coal in the third quarter, 7% more than in the second quarter.

    As per report, the companies have signed the contracts where PSOCO agreed to pay USD 162 per tonne for pulverized coal, a 5% from the second quarter.

    The quarterly price increases follow coal supply tightness because of strikes at BHP Billiton Mitsubishi Alliance’s mines in Queensland.

    Source - Bloomberg

    (www.coalguru.com)
    COK Price at posting: 18.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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