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02 Feb
00:00

Polish coking coal prices seen flat in H1, rising to $130 by year-end

Coking coal sales prices in Poland should remain at “very low” levels of $120/tonne in the first half of 2015, before rising to $125/t in the third quarter and $130/t in Q4, according to Polish brokerage firm Dom Maklerski mBanku (MDM). In the long term, these prices will return to $150-160/t, a level that justifies investment and maintaining production. The restructuring being carried out at miner Jaztrzebska Spolka Weglowa (JSW) is likely to ha…
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