Tag: Over supply
-
Two oceans, two markets – Why Atlantic thermal coal prices are crashing while Pacific holds firm
Subdued demand, oversupply weigh on Atlantic prices Pacific remains firm on strong Asian buying, tight supply As European prices slide toward $100, Asian buyers are continuing to pay stable prices for Indonesian and Australian coal. What explains the divide? Atlantic weakness: Soft demand and aggressive offers In the Atlantic, the market has weakened. CIF ARA…