coal1 Oct 2017 13:42
Rio Fuerte Ventures president Jos� Alfaro advised that coal has outperformed other commodities in 2016/17, as policy supply disruptions drove the basket price down last year to around $77/t, from where it climbed to about $177/t today.
China�s steel value chain is the main driver, with iron-ore and met coal imports steadily rising. He pointed out that Chinese demand has tipped the balance, pushing prices up over the past 12 months.