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15 Aug
01:38

Coronado foresees met coal demand, prices to improve

Australian miner Coronado Global Resources anticipates demand and pricing for seaborne metallurgical coal to increase in late third quarter when restocking demand improves market dynamics. For the remainder of 2023, the firm expects pricing to remain above the long-term historical average price, with the SGX forward curve projecting Australian index prices greater than $235/t for the remainder of 2023 and into 2024.    According to the firm,…
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