Tag: South African Non-Coking Coal
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South African Non-Coking Coal: Prices edge up on narrowed discounts amid intense competition
South African thermal coal export prices have slightly moved up during the current week as sellers considerably reduced discounts on their offer prices, in the face of intensifying competition between multiple originating countries, particularly Australia. With China’s ongoing port restrictions dampening seaborne demand from the country’s end-users and traders, Australian shippers have become amenable to…