Newcastle thermal coal price may touch $60/mt in next 18 months: ANZ

摘要

Singapore—Newcastle spot thermal coal prices may fall to as low as $60/mt in the next 18 months before recovering, ANZ analysts said Thursday. In a note, the analysts expect Newcastle 6,000 kcal/kg NAR coal spot price to touch $64/mt FOB in December next year and head further down to $60/mt by June 2021.