(EnergyAsia, November 25, Wednesday) — Indian and Chinese coal importers are suffering large losses from failing to hedge freight costs. Some estimates put the losses incurred by the importers for not hedging coal linked to the benchmark API4 physical price index at US$10 a tonne. One Indian trader has lost in a month what it…
INDIA: Coal importers suffering losses from failing to hedge freight exposures
Posted on November 24, 2009 by EnergyAsia