Tag: China Thermal Coal
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Bid-offer spread constrains China’s spot thermal coal trade
Trading activities in China’s spot thermal coal market stayed at a low ebb on 15 May, as thermal coal traders at the country’s northern ports preferred to hold steady offers while most downstream buyers demanded lower coal prices amid sufficient stocks. On Wednesday, Mysteel’s assessments for 5,500 kcal/kg, 5,000 kcal/kg and 4,500 kcal/kg NAR thermal…