Author: Damini Sahu

  • China: Thermal coal market remains weak on subdued buying

    China: Thermal coal market remains weak on subdued buying

    Muted power usage, US-China tensions dampen sentiment Coal inventories at 8 northern China ports hit record high Mysteel Global: China’s thermal coal market at both ports and production areas continued to lose momentum on 8 May, amid subdued buying activity from end-users and speculative traders, Mysteel Global noted. Spot trading at China’s northern ports –…