Food & Aribusiness Talking Points 22-09-2015

Lamb prices follow a generally seasonal pattern, rising early in the year before declining in spring, as the spring lamb supply becomes available. While we still expect that prices will drop off as supply comes online in the spring, our overall forecast is that prices will increase moderately on average in 2015-16 – up 1.2% (AUD) for the period.

Energy Talking Points 23-09-2015

China remained the largest spot buyer and clearing market for met coal, accounting for 75% of the global spot volume of 33.1 million MT, in H1 2015. China’s share of the global premium coal spot trade volume slipped to 62% in H1 2015, compared with 82% in the same period last year. Additionally, Australia exported 14.9 million MT of met coal to Europe and South America in H1 2015, up 18% from the same period a year ago.