Will Cyclone Debbie spike coal prices?

Sunday 26 March 2017

Cyclone Debbie is approaching Far north Queensland and is expected to be a nasty Category 4 storm at landfall:

It looks like the very worst of the storm will pass to the north of the critical coal ports of Hay Point and Dalrymple Bay:

But not by much. And that forecast track turns south towards the Bowen Basin coal fields once it moves inland as well.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific's leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.