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BHP’s $151/MT July Offer Price – Now What?

Markets are abuzz over reports that BHP has tabled a $151/MT FOB monthly price for July deliveries, down $5/MT from June. The monthly offer sets the stage for the JFY Q2 (Jul – Sep) quarterly negotiations, as the market braces for notable declines from the $172 JFY Q1 (Apr – Jun) price.           Visit DTC’s Blog for more details. 

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Doyle Trading Consultants is a boutique energy research firm that specializes in the coal sector. Founded by Stephen Doyle in 2002, DTC provides expert insight and analysis to +200 energy companies and financial institutions regarding the U.S. and global coal, power and emissions markets. Our coverage extends into the ancillary markets in which coal plays a major role, such as: steel, power & shipping. DTC excels at providing timely, accurate and relevant market information in order to give our clients a definite edge in this increasingly volatile market.