The combination of resurgent coal prices, particularly in the Atlantic, and soaring ocean freight rates has left traders and purchasers perplexed as to how long the bull market can continue.
As reported in the previous edition of Coaltrans International, strong demand from China for a range of commodities had pushed freight levels to unprecedented levels. A recent directive from the government in Beijing to redirect coal earmarked for export to the domestic markets has also sent coal prices in Indonesia and Australia soaring....
Read this item in full
This complete item is approximately 1600 words in length, and appeared in the November/December 2003 issue of CoalTrans International, on page 14.
Full-access subscribers only:Click here to download this issue now in PDF format
Click here to buy this issue, and download it now in PDF format
Click here to subscribe to CoalTrans International
Click here for a sample back-issue of CoalTrans International
Read related items
Click on the links below to read other news and features related to this item.
