Tag: China thermal coal prices
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China’s spot thermal coal prices soften on expected inflow of Australian coal
China’s domestic thermal coal prices started to fall on January 12, snapping a week-long uptick, as participants became cautious amid news that the country could lift the official ban on Australian imports earlier than expected. According to market sources, Guangdong’s regional customs, on January 12, received a notice from highly-placed authorities that Australian coal can…