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19 May
15:24

Surging prices help Poland's JSW post record earnings

Significantly higher coking coal and coke prices on-year helped Jastrzebska Spolka Weglowa (JSW) post record earnings in the first quarter, Kallanish notes. JSW’s average coking coal sales prices soared 231% on-year in Q1 to PLN 1,366/tonne ($310). Coke sales price rose 123% to PLN 1,976/t. Coal prices rose further in Q1 due to additional supply disruptions, which exacerbated those carried over from last year in the main exporting countries. Q1 fa…
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