The price of metallurgical coal has risen to record levels as trade tensions and border problems push the cost for Chinese importers skyhigh. Key points: The price of metallurgical coal has ...
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WhatsApp: +86 18203695377"Moreover, the price spread between lowvolatility and midvolatility coals may widen by up to 5 per tonne or more once China starts importing Australian coking coal as Chinese mills prefer PLV," a source at a major mill in India said. Australian sellers also have an optimistic view.
WhatsApp: +86 18203695377Oct 2018 Sep 2023: (%) Oct2018 Apr2019 Oct2019 Apr2020 Oct2020 Apr2021 Oct2021 Apr2022 Oct2022 Apr2023 295 Singapore Dollar per Metric Ton
WhatsApp: +86 18203695377View Analyst Contact Information Table of Contents SINGAPORE (SP Global Ratings) April 12, 2023We estimate a sharp fall in seaborne metallurgical coal prices will improve cash flow and ease leverage of Indian steel producers.
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WhatsApp: +86 18203695377A second trading source in Beijing, for example, said that the North American premium hard coking coal price will be stable at 615 per tonne cfr China because the volume of previously bought Australian premium hard coking coal was limited and Chinese steel mills cannot import new Australian coal.
WhatsApp: +86 18203695377Indian steel mills explore alternatives to diversify coking coal sourcing. Australia, the largest supplier, is down to 50% from 70%. India is tapping into Mongolia, USA, Russia, Canada, Indonesia ...
WhatsApp: +86 18203695377Singapore consumes 761,679 Tons (short tons, "st") of Coal per year as of the year 2016.; Singapore ranks 77th in the world for Coal consumption, accounting for about % of the world's total consumption of 1,139,471,430 tons.; Singapore consumes 133,349 cubic feet of Coal per capita every year (based on the 2016 population of 5,711,933 people), or 365 cubic feet per capita per day.
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WhatsApp: +86 18203695377Supply of premium coal is tight and always susceptible to price spikes due to heavy rains impacting operations in Queensland, particularly in JanuaryMarch," Cao added. Sources said Europe could also see higher demand for thermal coal and some support for semisoft prices in Q2, especially from May, amid expectations of a warmer summer.
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