coal prices soar.

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    "Over th epast week chinese coke has shot through US$400 per tonne for free on board. It has doubled in price over the last two months"

    All over the world coal prices have soared as production has been hampered by wall collapses and flooding in QLD, avalanches in Canada which cut rail links, a wall collapse at AngloCoal resulting in production cuts until at least the end of May and the severe lack of freight ships.

    The massive demand in steel has resulted in a supply shortage for coking coal as supply has struggled to match demand.


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