The spot price of Australian thermal coal is higher than that of coking coal, an unprecedented situation that highlights just how the global market for the polluting fuel has been upended by Russia’s invasion of Ukraine. But while moves in the various spot prices tend to gather media headlines, it’s worth noting that they cover …
The post Spot Australian thermal coal has surged, but contract price is key first appeared on Hellenic Shipping News Worldwide.
Author: Capt. John