Whitehaven warns on coal prices

Here it is:

Thermal coal is today sitting at $68:

And coking coal has bounced a little out of its rout at $152:

As it stands, coking coal is right at budget projections and thermal is well below. I expect both to keep falling through 2020 as China slows and it keeps the pressure on seaborne markets with an average $120 for coking coal and $60 for thermal, pressuring the budget.

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