(EnergyAsia, June 14 2012, Thursday) — Fitch Ratings said the recent weakness in thermal coal prices could persist into 2013, noting that the 5,500 kcal FOB Newcastle Australia benchmark grade fell to a two-year low of US$87 per metric ton last week, down from US$142 at the start of the year.It attributed the decline to…
MARKETS: Fitch said low coal prices could persist into 2013 and impact supply dynamics
Posted on June 14, 2012 by EnergyAsia