Market dip halts JPU/Oz thermal settlements flow

摘要

An initial flood of JPU/Australia 'irregular term' contract settlements was abruptly halted late last month as spot thermal prices took another lurch downwards, under strong pressure from the whiff of financial panic emanating from the US. Despite this, more JPU/Australia 'irregular term' thermal contract settlements have emerged, with some of the parties making a decisive move to get deals done before most business expired at the end of September.