- Australian government revises 2012/13 iron ore production forecast to 529mln tonnes from forecast 526mln tonnes in September.
- Australian government revises 2012/13 metallurgical coal production forecast to 162mln from forecast 164mln tonnes in September.
- Australian government revises calendar 2013 forecast average iron ore price to USD 106 per tonne versus USD 101 per tonne in September.
- Australian government revises calendar 2013 forecast average metallurgical coal price to USD 171 per tonne versus USD 183 per tonne in September.
- Australian government says Iron ore and coal exports is to rise substantially.
Reaction details (22:44)
- AUS/USD immediately moved up 6 pips from 1.0533 to 1.0539, trades 1.0537 (+10 pips) last.
11 Dec 2012 - 22:36 - Metals - Source: Newswires
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