Tag: stock
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China hikes CY20 thermal coal import quota, but no cheer for Australia: Sources
China is one of the world’s leading coal consumers and a major buyer of Australian coal too. In 2019, China’s 57% of thermal coal imports came from Australia. However, 2020 has proved to be quite a difficult year amid pandemic-led reduced energy requirement denting demand for Australian coal and on top of thatChina imposed restrictions…