Coal prices rise on back of Japanese disaster and Queensland flooding

Coal prices rise as Latin America and South Africa prepare to export to Asia following the Fukushima disaster and disruptions in supplies from Australia as a result of the Queensland flooding

Coal will be shipped to Japan from South Africa if necessary

Coal prices are rising as Japan looks to find substitute energy sources amid supply and demand impacts from the country's recent earthquake and tsunami, high oil prices and the disruption of coal production in Queensland, Australia following flooding.

Estimates from shipping company Clarksons suggest expectations for coal demand in Japan have more than doubled after the second earthquake on April 7. "There is a lot of expectation for growth coming through," says Daniel Wills, senior analyst at

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here