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Diverging Trends in Asian Thermal Coal Prices: Strong Demand Drives High-Grade Rally

Diverging Trends in Asian Thermal Coal Prices: Strong Demand Drives High-Grade Rally
blog image
Maritime

Diverging Trends in Asian Thermal Coal Prices: Strong Demand Drives High-Grade Rally

Asian seaborne thermal coal prices exhibit divergent trends, with high-quality coal witnessing a rally fueled by robust demand from Japan and South Korea, while lower grades stagnate due to lackluster imports by China and India. The Newcastle Index for premium coal from Australia experiences a third consecutive weekly gain, reaching $141.59 per metric ton. Japan and South Korea lead the demand for high-grade coal, with rising imports. In contrast, China and India show muted demand for lower-energy coal, impacting prices. The article explores the contrasting dynamics in regional thermal coal markets.




SOURCE:GOOGLE


12 Dec 23
blog image
Maritime

Diverging Trends in Asian Thermal Coal Prices: Strong Demand Drives High-Grade Rally

Asian seaborne thermal coal prices exhibit divergent trends, with high-quality coal witnessing a rally fueled by robust demand from Japan and South Korea, while lower grades stagnate due to lackluster imports by China and India. The Newcastle Index for premium coal from Australia experiences a third consecutive weekly gain, reaching $141.59 per metric ton. Japan and South Korea lead the demand for high-grade coal, with rising imports. In contrast, China and India show muted demand for lower-energy coal, impacting prices. The article explores the contrasting dynamics in regional thermal coal markets.




SOURCE:GOOGLE


12 Dec 23
blog image
Maritime

Diverging Trends in Asian Thermal Coal Prices: Strong Demand Drives High-Grade Rally

Asian seaborne thermal coal prices exhibit divergent trends, with high-quality coal witnessing a rally fueled by robust demand from Japan and South Korea, while lower grades stagnate due to lackluster imports by China and India. The Newcastle Index for premium coal from Australia experiences a third consecutive weekly gain, reaching $141.59 per metric ton. Japan and South Korea lead the demand for high-grade coal, with rising imports. In contrast, China and India show muted demand for lower-energy coal, impacting prices. The article explores the contrasting dynamics in regional thermal coal markets.




SOURCE:GOOGLE


12 Dec 23