Tag: Australian
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Australian 5500 NAR coal prices rise 37%, m-o-m, on supply concerns
Amid delayed coal deliveries from Indonesia due to the coal export ban, buyers are looking to book supplies from alternate sources. Prices of Australian 5500 NAR grade coal are at $140/t, up 37% m-o-m, while a Feb’22 loading cargo of 6000 NAR coal changed hands at $300/t, trader sources informed. The deal is one of…