Macarthur Coal reaches new settlements for low-vol PCI coal, joins others in settling for three-month terms

摘要

Australia's Macarthur Coal is the latest metallurgical producer to unveil new settlements - this time for low-vol PCI coal. Macarthur fell in line - sort of- with a plurality of the Australian majors by settling on some three-month terms. But Macarthur also reached some six-month agreements. In any case, it hasn't priced anything for the full year. Macarthur said its contracts are priced "in line with market settlements." For low-vol PCI, that would appear to be in the 170-180/metric tonne FOBT window.