Tag: China Steam Coal
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China: Declining thermal power demand threatens steam coal market
Thermal coal prices in China have generally trended downward so far this month, defying previous expectations of strong hikes in the typical peak season for electricity generation that continues through August, Mysteel Global notes. Prices for the benchmark 5,500 kcal/kg NAR thermal coal traded at northern China’s ports entered this month at Yuan 880/tonne ($121/t)…