Tag: RMB

After reaching record high, China’s spot thermal coal-price frenzy has finally subsided with prices falling sharply recently due to slowed coal procurement from the country’s end-users, Mysteel Global noted. As of January 26, Mysteel’s price assessment for the 5,500 kcal/kg Shanxi blend thermal coal had fallen sharply by Yuan 175/tonne ($27/t) on week to Yuan…