Original article by Peter Ker
The Australian Financial Review – Page: 29 : 5-Oct-16

The price of coking coal has risen by 177 per cent in 2016, and the price of thermal coal is up 55 per cent. However, Morgan Stanley believes that the Chinese Government’s move to further ease restrictions on the nation’s coal production may rein in coal prices. Meanwhile, the Singapore Exchange’s Adrian Lunt says the large difference between the contract price for coking coal in the September quarter and the spot price may prompt more producers to abandon quarterly pricing in favour of index-linked pricing.

CORPORATES
MORGAN STANLEY AUSTRALIA LIMITED, SINGAPORE EXCHANGE LIMITED, BHP BILLITON LIMITED – ASX BHP, RIO TINTO LIMITED – ASX RIO, WHITEHAVEN COAL LIMITED – ASX WHC, STANMORE COAL LIMITED – ASX SMR, NEW HOPE COAL AUSTRALIA, AUSTRALIAN PACIFIC COAL LIMITED – ASX AQC, GLENCORE PLC, ANGLO AMERICAN PLC, TECK CORPORATION