SYDNEY, March 8 (Reuters) - Global miner BHP Billiton has reached terms for a significant portion of its hard coking coal volumes for 2010 with customers in China, Japan, India and Europe, the company said on Monday.
Its contracts are based on shorter-term market based pricing, reflecting BHP's efforts to move to market clearing prices over time across all bulk commodities, the company said in a statement.
(Reporting by Balazs Koranyi; Editing by Koh Gui Qing) (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) Keywords: BHP COAL (balazs.koranyi@thomsonreuters.com; +612 9373 1816; balazs.koranyi.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Its contracts are based on shorter-term market based pricing, reflecting BHP's efforts to move to market clearing prices over time across all bulk commodities, the company said in a statement.
(Reporting by Balazs Koranyi; Editing by Koh Gui Qing) (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) Keywords: BHP COAL (balazs.koranyi@thomsonreuters.com; +612 9373 1816; balazs.koranyi.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.