Author: Damini Sahu
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Australia: Coking coal spot prices reach 2-year high on Chinese supply concerns
Prices rise 20% in 1 month on supply concerns post multiple mine accidents in China Mongolian, Russian supply disruptions lift demand for Australian material Spot prices of Australian premium hard coking coal have surged to their highest level in around two years, with benchmark Grade 1 hard coking coal exceeding $260/t FOB this week, up…