Coking coal price rally to subside on improved supply in 2017: Citi

摘要

Coking coal’s supply-driven price rally will likely abate bymid-2017 as production issues and transport hurdles in Australia andChina ease, Citi Research analysts said.“Short-term supply disruptions in China have been resolved and inAustralia should be back to normal in the short term,” Citi analysts saidThursday in a note, adding: “Mine-specific incidents in Australia areexpected to be fully resolved by early next year.”