Coal prices (KOL) may have touched bottom and break out of a range as workers at Cerrejon, a...
Coal prices (KOL) may have touched bottom and break out of a range as workers at Cerrejon, a Colombian coal mine owned by BHP, Xstrata and Anglo American prepare to strike as soon as next week, potentially removing 600K metric tons/week from the market, Barclays says. Also, bad weather may affect shipments from Australia and Indonesia and rail work stoppages may arise in Australia.
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