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RR1:AU
Rights Issue and Shortfall
Reuters.com reports that Wood Mackenzie expects coal prices to rise sharply because of flooding in Australia
Reuters.com reports that Wood Mackenzie expects coal prices to rise sharply because of flooding in Australia.
The story is quoted as saying:
Thermal coal prices could reach or exceed the high of $197 per tonne free-on-board Newcastle seen in 2008, when flooding caused price spikes, according to Wood Mackenzie
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| Commodities | |||
|---|---|---|---|
| Gold | 2355.84 | -7.88 | |
| Silver | 28.22 | +0.08 | |
| Copper | 4.29 | +0.03 | |
| Oil | 85.28 | -0.38 | |
| Heating Oil | 2.69 | 0.00 | |
| Natural Gas | 1.76 | -0.01 | |
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