Tag: Thermal coal futures
-

China: Thermal coal prices stagnant amid lower buying interest
Thermal coal prices in China continue to remain stagnant as 5500 kcal/kg NAR coal prices on the Zhengzhou Commodity Exchange are at RMB 805/t ($126/t), largely unchanged w-o-w. Traders expect coal prices to edge lower going ahead as several utilities have cut their procurement drastically amid lockdowns. Increased availability of domestic coal is also expected…