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Turkey surprises market with $15/mt thermal coal import duty

August 10, 2016 (5:30 mins)



S&P Global Platts editors Jacqueline Holman and Cameron Carswell discuss the surprise announcement from the Turkish government to levy a $15/mt tax on imported thermal coal for power generation, the short term impact of the tax, the potential beneficiaries and the ways in which market players may seek to avoid the duty.


The following Platts price assessment was discussed in this podcast:
Price Date
Thermal Coal CIF Turkey 6000 kcal/kg NAR 90 Day $67.50/mt 08/05/2016



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