, Columnist
China's the Real Cyclone for Coal
Queensland's mines are better prepared for extreme weather this time. The market's focus is further north.
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Here's what happened to coking coal prices the last time extreme weather hit the Bowen Basin, the corner of northeastern Australia that produces about half of the tonnage in the global seaborne market:
And here's what coking coal prices are doing this week, as Cyclone Debbie brings 250-kilometer-an-hour winds and 19-centimeters-an-hour rainfall to the same stretch:1490654765199