Tag: Australian Coal
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Australia: 6000 NAR grade coal prices fall by $30 from their peak
The Australian 6000 kcal/kg NAR grade coal prices have fallen by $30/t to $410/t FOB Newcastle as export capacities were returning back to normalcy after a scheduled maintenance shutdown last week. The recent fall in natural gas prices also contributed to this fall, as the EU has announced its market intervention plan to cap the…