Australia leads met coalsupply rebalancing

摘要

Australia shipped an extra 16million mt of metallurgical coal in 2014,with Asia demanding more and the marketrebalancing further toward Asia, Macquarieanalysts said Wednesday.Australian exports to the main Asianbuyers of China, Japan, South Korea andIndia rose 11 million mt, with India leadingthe charge, while suppliers sent more coalinto the Atlantic basin too, Macquarie saidin a note.