Tag: Power Demand
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China’s portside thermal coal prices fall despite supply tightness
China’s thermal coal prices continued to lose ground with offers down by 10-20 yuan/t at northern transfer ports amid the lackluster demand, although worries about epidemic-linked supply shortage haven’t dissipated. On October 28, offer prices for the benchmark 5,500 Kcal/kg NAR thermal coal stood around 1,600 yuan/t FOB with VAT at northern ports, down from…