Tag: CoalTrading
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Chinese buyers continue chasing low-CV Indonesian coal as arbitrage window holds
Demand remains firm for branded 3,400 GAR cargoes Rising Chinese domestic prices supporting low-CV imports Chinese buyers returned from the Labour Day holiday period with renewed interest in ultra-low-calorific-value Indonesian coal, particularly branded 3,400 kcal/kg GAR cargoes. Rising domestic coal prices in China continue to support favourable import arbitrage conditions for low-CV coal, increasing buying…