Japanese coal benchmark to reach six-year high

April 09, 2018 / www.mining-journal.com / Article Link

Australia's Department of Industry, Innovation and Science expects Japanese utilities to settle annual thermal coal contracts with Australian miners at a six-year high.

Japanese coal benchmark to reach six-year high

JFY contracts cover high-grade Australian coal shipped from Newcastle to Japanese utilities

09 APRIL 201809/04/2018commentsshare

The department said in its March Resources and Energy Quarterly report the Japanese fiscal year (JFY) benchmark price for the April 2018-March 2018 period was likely to settle at US$100 per tonne for Australian coal shipped from Newcastle port to Japan.

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