Tag: 2022 demand
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How China’s thermal coal prices would move after twists and turns in 2021?
China’s thermal coal market experienced an M-shaped course in 2021, a real roller coaster in rises and falls that have been never seen in the past. Extending the upward trend from end-2020, China’s domestic thermal coal price, basis the benchmark 5,500 Kcal/kg NAR, hit a high of 1,150 yuan/t FOB northern ports with VAT in…