BTU bathurst resources limited
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Coal Markets Update?] Record $US275/t FOBT PCIreported...

  1. sathyath
    504 Posts.
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    23/03/11
    10:43
    Post #: 8151180


    Coal Markets Update

    ?] Record $US275/t FOBT PCI
    reported settlement for
    June qtr 2011

    ?] Record $US330/t FOBT
    Hard Coking Coal
    settlement for June
    quarter 2011

    ?] Citi has upgraded its PCI
    coal price assumption for
    June quarter 2011 to
    $US265/t FOBT

    ?] Reflects annual surge in
    met coal demand during
    Northern hemisphere
    spring/summer + recent
    supply shortages

    ?] Japanese earthquake
    expected to increase coal
    demand medium term


    Go and read todays's COK announcements.

    Cheers

    SAT
    BTU Price at posting: $1.12 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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