Tag: RBCT

Analysis: Global thermal coal prices breach $400/t mark as Russia-Ukraine war escalates. What lies ahead?

Mar 2, 2022

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by

Rituparna Ghosh

in Non Coking

Prices of high-CV thermal coal from South Africa and Australia breached the crucial $400/tonne-mark as buyers in Asia and Europe are being unable to find alternative sources to replace Russian coal. With the Russian invasion of Ukraine now entering a new phase, industry experts predict an extended period of higher coal prices in the near…