Category: Non Coking
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Asian thermal coal market splits along grades as India steps back, China supports low-CV demand
Low-CV Indonesian coal underpins Asian thermal coal market Higher-CV coal faces mounting resistance amid elevated premiums The Asian thermal coal market moved into mid-May with contrasting signals across calorific grades. While low-calorific Indonesian coal continued to attract steady demand from China and Vietnam, buying appetite for mid- to high-calorific cargoes remained restrained as elevated premiums…