Tag: Global coal market trends
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Weekly recap: Global coal market trends (Week 51, 2024)
India’s coal market remained subdued this week, with limited demand and ample stock availability exerting downward pressure on Indonesian and South African thermal coal prices. Buyers adopted a cautious approach, delaying purchases and awaiting clearer signals on regulatory updates and market stability. Freight rates also declined due to oversupply and low cargo demand, though Indonesian…