Tag: Thermal Coal Price
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Australian thermal coal prices head north amidst increased ex-China demand
Australian thermal coal prices which were range-bound in May, observed a dramatic increase towards the end of May’21 . Prices for the 5,500 NAR grade are currently assessed at $70/tonne (t), FoB Newcastle against $58/t seen around 23 May’21. The reason for the sharp rise in Australian thermal coal prices was the rally in global…