March 2017 Analysis

Industry Trend Analysis - Quick View: North Korea Coal Ban Is A Temporary Boost To Global Prices - MAR 2017

Should the ban be implemented, it would be a material net positive for seaborne coking coal prices. China imported 22.5mn tonnes of coal from North Korea in 2016, representing 12.3% of the country's total imports. The need to source this coal from elsewhere will boost demand for imports from other major coking coal suppliers, including Australia, Canada, Russia and Mongolia.

READ FULL ARTICLE