Author: Damini Sahu
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Australian high-CV corrects as high inventories cap demand, but Indonesian supply risks limit downside
Australian coal prices soften amid weak demand and high inventories Indonesian coal remains firm due to supply constraints and producer discipline The Asian thermal coal market entered a corrective phase during the week ending June 19, with Australian high-calorific value coal surrendering part of the sharp gains recorded over the previous fortnight. The correction was…