South Africa

Details

  • Industry: Mining
  • Type: Business and industry issue
  • Date: 2011/09/21

Quarterly Commodity Insights Bulletin: Metallurgical Coal (September 2011) 

For the rest of the year, metallurgical coal prices are expected to remain higher than US$300/mt, due to the high growth in demand from BRICSA (Brazil, Russia, India, China and South Africa) economies and because of severe flooding in the Bowen Basin of Queensland, Australia, which resulted in a drop in coal production and supply. Actual prices, however, are dependent on the ability of new production capacity to satisfy demand.
KPMG’s Quarterly Commodity Insights Bulletin: Metallurgical Coal looks at the impact of natural events, deal activity, regulation and other factors on the global metallurgical coal market.