Tag: China thermal coal prices
-
Why thermal coal prices keep rising despite high stocks at Chinese ports?
China’s spot thermal coal prices have been on the upward since early last week, but at the same time, coal stockpiles maintained high at northern ports, which indicates a weaker demand. The logic seems contradictory but we still find some factors behind. Coal stockpiles at northern transfer ports increased sharply on a year-on-year basis. In…