Oct 14 (Reuters) - Stanmore Coal Ltd SMR.AX :
* Notes that dec 2016 quarterly benchmark price for semi-soft coking coal has been settled between leading australian producers and steel mill customers
* "december quarterly benchmark price has been set as usd 130 per tonne, a rise of 75% above september 2016 quarterly benchmark price"
* higher december quarterly price will apply to coal delivered by stanmore from around november 2016 through february 2017
* under stanmore's term contracts with major steel mills each new quarterly price applies after any carry over tonnes from previous quarter are delivered Source text for Eikon: ID:nASX2zG9z1 Further company coverage: SMR.AX