Rail Transport Issues To Hamper Russian Coal Export Growth

Reuters reported that rail issues are to blame for slower growth in Russia’s coal exports.

As quoted in the market news:

Russian coal is currently trading at $90 a tonne FOB Baltic and Russian ports. Up to $110 is achievable in specific Asian markets, but the Russian rail system has reached its capacity for moving coal to the east from the main producing region of Kuzbass in central Siberia.

Click here to read the full Reuters report.