澳洲新闻 (ABC新闻快递) 2014-10-12

 The Australian share market suffered its biggest one-day fall since February, 2013 today on fears that global growth is slowing. The All Ords and the ASX 200 dropped 2% matching the fall that we saw on Wall Street overnight where the Dow Jones closed down 2% or more than 300 points. Oil prices are dropping on growth concerns, West Texas Crude at its lowest points since April last year. And the Australian Dollar continues to see choppy trade. It's now worth eighty-seven and three quarters US cents.

 

China's decision to impose tariffs¹ of up to 6% on coal import has raised concerns about further mine closures and job losses in Australia's already marginal coal mines. It comes after China's coal producers lobbied Beijing for protection, saying more than 70% of China's mines were unprofitable. Many coal miners in Australia are already suffering because of high costs and low prices. It sends stocks tumbling today. 

 

Taking a look at the boards: 

 

Cockatoo Coal is one of the worst. That was off 10% while Nucoal lost almost 17%. Many analysts² say it could see more mines close.

 

How many Australian producers are left out of money? We still have caught a few Australian producers that never struggled then, and be waiting for the next up turn or change in the Australian dollar to seam through this circle.

1 tariffs   

关税制度； 关税( tariff的名词复数 )； 关税表； （旅馆或饭店等的）收费表； 量刑标准

参考例句：

• British industry was sheltered from foreign competition by protective tariffs. 保护性关税使英国工业免受国际竞争影响。
• The new tariffs have put a stranglehold on trade. 新的关税制对开展贸易极为不利。

2 analysts   

分析家，化验员( analyst的名词复数 )

参考例句：

• City analysts forecast huge profits this year. 伦敦金融分析家预测今年的利润非常丰厚。
• I was impressed by the high calibre of the researchers and analysts. 研究人员和分析人员的高素质给我留下了深刻印象。