Tag: Non-coking

Australian thermal coal prices have risen 23% m-o-m  in Jul’21, . Prices for 5,500 NAR  are currently being assessed at $90/tonne (t) FoB Newcastle. In Jun’21, the same was recorded at $73/t while in Jan’20, these averaged $76/t, FoB. What drove up Australian coal prices? When China announced the unofficial ban on Australian coal imports…