Tag: 5500 NAR
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Australian 5500 NAR thermal coal prices correct as inquires ease globally
Australian thermal coal prices, that have been rallying since the begining of January, has seen a correction of $4-5/t against the highs of $62/t (FoB Newcastle) achieved around last week. Despite Chinese ban on Australian coal, its prices received support in the first three weeks of January due to demand support from: • Indian cement…