The weighted average price for new contracts of metallurgical coal for July to September is about $310/metric ton (mt). About 60% of the quarter sales are forecast to be at new contract prices with the balance at carry over prices from the previous quarter. Wesfarmers said sales volumes are expected to fall within 6.8 million to 7.2 million mt for the 2012 financial year to June 30, subject to no significant wet weather and satisfactory rail and port operations.
November 17, 2010
November 27, 2018