Prices of seaborne thermal coal in Asia are diverging, with strong demand from Japan and South Korea propelling high-quality fuel coal prices higher, while lackluster imports by China and India are keeping lower-grade coal prices stagnant. The Newcastle Index, linked to high-quality coal, saw a rally, rising 17.5% from its recent low in November, driven by rising imports from Japan and South Korea. However, softer demand in China and India for lower-grade coal is reflected in easing prices for these grades.

SOURCE:GOOGLE