A Cooking Coal Limerick.

cooking-coalFrom Financial Times: The ability of policymakers in Beijing to roil global commodity markets has led to quite a rally in a key steel making ingredient that has caught consumers cold, but promises a profit windfall for the struggling mining industry.

The price of premium hard coking coal has more than doubled in the past six weeks to more than $200 a ton  as supplies have dwindled and buyers have scrambled to find cargoes in the spot market.

China is on the march:

The price of the cooking coal spikes.

Is China the cause of the hikes?

They’re preparing for war;

WW III at the door.

The change that Obama wrought. Yikes!

Published by

lenbilen

Engineer, graduated from Chalmers Technical University a long time ago with a degree in Technical Physics. Career in Aerospace, Analytical Chemistry, and chip manufacturing. Presently adjunct faculty at PSU, teaching one course in Computer Engineering, the Capstone Course.

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