Tag: Thermal

Australian thermal coal prices up by $6-7/t on increased buying from China

Oct 1, 2020

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by

Aditi Tiwari

in Non Coking

Key Highlights The upcoming fresh imports quotas from Jan’21 has once again brought the Chinese buyers back in the seaborne import market pushing up the Australian thermal coal prices. A supramax vessel of Australian 5500 kcal/kg NAR coal was booked by an Indian trader for October shipment at $45-46/t, FoB Newcastle basis. Last week…