Author: Rituparna Ghosh

China’s portside thermal coal prices continued moving downward on November 11, as the market became more bearish after a state-owned utility finished a domestic spot tender, while the news of eased COVID-19 rules may thrill the market. On November 11, prevailing offers for the benchmark 5,500 Kcal/kg NAR thermal coal reached 1,500-1,520 yuan/t, FOB with…