Tag: China domestic demand
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Chinese utility awards Russian thermal coal at lower prices, sources
A Chinese state-owned power producer awarded several Russian thermal coal cargoes in its latest tender issued on May 16 at prices lower than Indonesian comparable goods, sources said, which may dent the potential growth of Indonesian thermal coal prices. The utility awarded two Russian 3,800 Kcal/kg NAR cargoes at 808 yuan/t CFR North China with…