Author: Krupa Rawal
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China’s thermal coal falls faster on eased supply concerns
China’s portside thermal coal market fell at a faster pace as concerns eased over potential supply tightness in the winter heating season, although rail inflows via the leading railway haven’t yet recovered to normal. On November 15, the benchmark 5,500 Kcal/kg NAR thermal coal was offered at 1,480-1,500 yuan/t FOB with VAT at northern ports,…