Right now , iron ore , thermal coal and coking coal deals are witnessing a large number of " price majeure " cases which are exacerbating the drop in benchmark prices of those commodities .
目前,大量的铁矿石、热煤和焦煤合同都出现了上述这类违约情况,加剧了这些大宗商品基准价的下跌。
Article 118 duty to notify in case of force majeure if a party is unable to perform a contract due to force majeure , it shall timely notify the other party so as to mitigate the loss that may be caused to the other party , and shall provide proof of force majeure within a reasonable time .
As of tuesday , some floodwaters had begun to recede in areas of queensland , but companies had yet to lift force majeure declarations .
截至周二,昆士兰地区的部分洪水开始有所消退,但煤矿企业尚未取消有关不可抗力的公告。
When a commodities company reneges on a contract because of reasons beyond its control so-called acts of god , such as a hurricane they invoke " force majeure " , a clause that allows them to walk away from a deal legally .