Tag: china coal prices
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China’s thermal coal prices continue falling amid COVID
China’s portside thermal coal market witnessed another downward session on November 25, extending the losing streak since late October, as COVID outbreaks prompted the government to tighten restrictions, which not only affected coal transport at mines but also weakened demand. On November 25, the benchmark 5,500 Kcal/kg NAR thermal coal was mainly offered at 1,280-1,300…