While Tudor Pickering Holt & Co. is anxious to call the bottom of the coal-price cycle as being hit, a recovery may be pushed beyond 2017, with base case projections around $15/st for Powder River Basin coal, $175/mt for benchmark metallurgical coal, and $85/mt for Newcastle seaborne thermal coal, an analyst for the energy investment bank said.
Posted On:27-Aug-2014 Read More ... Credits: www.hellenicshippingnews.com |