CAPITAL MARKETS

Thermal prices rocket

SPOT thermal coal prices have soared over the past two weeks for Australian coal producers as a spate of mining disasters cripple Chinese supply.

Angie Tomlinson
Thermal prices rocket

Brokerage Citigroup said the Newcastle spot price had leapt $US8 per tonne to $50/t in just two weeks with Asian thermal prices, including seaborne and Chinese domestic, receiving strong support from a...

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