Tag: Coal Import

China enforces an indefinite ban on Australian coal import

Dec 14, 2020

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by

Aditi Tiwari

in Non Coking

China’s National Development Reform Commission has put a formal ban on Australian coal imports and will have to rely on coal sourced domestically as well as imports from Mongolia, Indonesia, and Russia. This has significantly impacted the steam coal prices as the S.African RB1 index (6000 NAR) and the Indonesian ICI 4 index (5800 GAR)…