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http://uk.reuters.com/article/us-australia-cyclone-coal-china-idU...

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    http://uk.reuters.com/article/us-australia-cyclone-coal-china-idUSKBN1760DM

    My guess is that 2c won't be far off this week - this looks like it's turning out to be bigger than Ben Hur. I know I never considered how much people would let stocks run down as the prices were falling.


    EXCERPT:

    'Shipping data in Eikon shows that around 70 ships are waiting to load coal off the Queensland ports of Abbot Point, Mackay, Dalrymple Bay, and Hay Point.

    The outages caused Australian coking coal futures on the Singapore Exchange on Monday to spike by over 25 percent to $197 per tonne, the biggest one-day move ever.'
    Last edited by wagold: 04/04/17
 
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