Tag: Russia
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What factors are pushing Australian coking coal prices lower?
*Australian exports rise over 10% m-o-m in May *China increasing sourcing from Russia, Mongolia *India’s domestic, met coke export prices fall *China’s steel output curbs pose downside risk to prices Global coking coal prices are receding fast from the record-high levels witnessed in late-March 2022. While the gradual restoration of stability in global trade compared to…