Tag: China demand
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How will the global thermal coal price scenario shape up in 2022?
After rising almost 100% in CY’21, global thermal coal prices began 2022 on a bullish note as the Indonesian government’s call to prioritise domestic supplies sent shockwaves across the global market. South African RB1 (6000 NAR) grade coal prices have risen up to $164/t FOB, up $45/t since 3 Jan’22, while Newcastle Australian (6000 NAR)…