Metallurgical coal price quadruples, rally ripples across dry bulk markets
The metallurgical coal market is enjoying a renaissance as prices rise to levels not seen since 2011, and it's giving related dry bulk commodities a boost.
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Thermal coal cargoes from various origins were finding their way into India to compete against South African coal, prices of which have remained at elevated levels, sources said March 21. A north India-based trader said Indian buyers were receiving offers from a wider range of origins, including Canada.
Published on September 2014
This statement of methodology includes detailed information on the formation of Platts coal assessments and the specifications for the various products assessed.
Platts Coal Trader International is the only daily publication where you can access Platts proprietary price assessments for coal trading in the Atlantic and Pacific markets, including independent and editorially assessed thermal coal prices for the Chinese market.