Author: Rituparna Ghosh

China’s portside thermal coal continued moving lower on November 10, extending a two-week decline amid lackluster demand from utilities as long-term contracts are well delivered. Following a 10-yuan/t decline in the previous session, prevailing offers for the benchmark 5,500 Kcal/kg NAR thermal coal dropped by 5-10 yuan/t to 1,530 yuan/t, FOB with VAT, at northern…