Tuesday, February 8, 2011

StraitsAsia

Coal/StraitsAsia: Some relief on short-term coal prices. Firstly, delays in Indonesia licensing permits for coal traders have been resolved, with the govt approving the permits. Approx 3.5m tonnes of coal for export were delayed since end Jan…

In Australia, coal mines and ports closed due to Cyclone Yasi were back up yday, although the impact of earlier floods remain. Hay Point Port which has two coal terminals, one of which is Dalrymple Bay Coal Terminal currently operating at 80% capacity, re-opened.

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