Tighter supply lifts Newcastle coal, though outlook softens

Capt. John

Mining disruptions in South Africa and recovering Chinese demand supported the seaborne coal market in Asia this week as the Newcastle index climbed 4%, though coronavirus-related downside risks loomed, observers said. Global Coal’s reference price for high grade (6,300 kcal/kg) Australian thermal...

https://www.hellenicshippingnews.com/tighter-supply-lifts-newcastle-coal-though-outlook-softens/

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon