Asia seaborne coal faces strong headwinds as China’s 2020 import quotas dry up

Capt. John

As utility companies in China are running out of 2020 thermal coal import quotas, there is a shift towards domestic coal to cover their upcoming summer requirements, which in turn has boosted local prices, industry sources said June 10. Chinese coal prices rose to Yuan 558/mt [$78.90/mt] FOB...

https://www.hellenicshippingnews.com/asia-seaborne-coal-faces-strong-headwinds-as-chinas-2020-import-quotas-dry-up/

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