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11 Jan
10:35

Coking coal misses out on China’s rebound

Chinese and seaborne coking coal prices have benefitted little from the strengthening of Chinese steel and seaborne iron ore prices over late December. The latest trade on GlobalCoal suggests only minor fluctuations in a market still defined by oversupply and weak Chinese demand, Kallanish notes. 75,000 tonnes of unbranded hard coking coal traded on the platform at $75/t fob Australia for February shipment. Unbranded coal last traded on the platform in…
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