Cyclones could boost met coal prices: ANZ

THIS summer’s cyclone season could further disrupt supply of coking coal and propel prices higher as the Queensland industry is still recovering after suffering infrastructure damage from Cyclone Debbie earlier this year, according to a report by ANZ.

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Cyclones could boost met coal prices: ANZ Cyclones could boost met coal prices: ANZ Cyclones could boost met coal prices: ANZ Cyclones could boost met coal prices: ANZ Cyclones could boost met coal prices: ANZ

The Australian Bureau of Meteorology recently reported that a La Nina weather pattern had formed in the Pacific Ocean, which usually leads to higher rainfall and the formation of low pressure cells

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