Tag: Prices

China: Thermal coal futures decline as Indonesia export ban eases

Jan 13, 2022

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by

Rituparna Ghosh

in Non Coking

Thermal coal futures on the Zhengzhou Commodity Exchange in China have dropped to RMB 689/t ($108.3/t) today, down RMB 25/t since the beginning of the year as the Indonesian government slowly releases stranded vessels. Amid a sharp rise in domestic coal production, Chinese traders continue to remain on the sidelines as they await further correction…