Tag: Domestic Coal Prices
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Lackluster demand keeps China’s spot thermal coal prices range bound
China’s spot thermal coal prices were mostly unchanged on October 25 amid thin liquidity as utilities remained in a wait-and-see approach, traders said. On October 25, tradable prices for 5,500 Kcal/kg NAR thermal coal were around 1,620-1,630 yuan/t FOB with VAT at northern transfer ports, with offers standing still at 1,630-1,650 yuan/t. Cargoes of 5,000…