Prices of a key Australian thermal coal grade went on a rollercoaster ride in 2018 following unexpected friction during yearly contract talks with a major export market, Japan.
This hiccup in trade was shortlived and gave way to sustained high prices that could continue to shore up the sector. Following a period of cost-cutting and readjustment to new market realities over the last few years, the Australian coal sector now looks in better shape, while new coal-fired power plant builds across Asia should provide reliable demand for the fuel.
