Thursday, January 20, 2011

2010 Metallurgical Coal Exports Pie Graph

Before the Australian flooding, spot thermal coal prices were trading at around US$100 a tonne. In mid-January, thermal coal spot prices were trading at around US$140 a tonne.

source: [pdf]


  1. Are the Chinese using thermal instead of metallurgical Coal to fill the gap? Can US or others pick up the queensland slack to a degree?

  2. Peter
    Here's a new update today from reuters on the story: