MH,
Thermal rates are dependent on quality, and few other factors;
but Chinese are paying between $40 - $60 p/t at the gate.
Was only around $20!
Mono miners are starting to up the ante, but Chinese at the end of the day, seem to be hard negotiators.
Hence aspect to send coal via Russia, to the coast, to market produce into the Global market.
No expert, just an observation.
Cheers :)
New Feature Announcement!
We’re excited to introduce the DealRoom portal, now live on site, providing users with exciting access to private equity opportunities for both pre-IPO and publicly listed companies.
See full details by selecting the new menu item named 'DealRoom' on our main menu bar or click below.
Stay ahead of the market, with HotCopper.