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What is Coal Trader 030818 about?
On August 1, 2023, Illinois Basin coal prices declined to their lowest levels in two years, with prompt-month ILB 11,500 Btu/lb coal settling at $49.40/st. Meanwhile, Asia met coal prices rose due to improved buying interest, with the benchmark Premium Low-Vol Hard Coking Coal increasing to $242/mt FOB Australia. Overall, US coal markets are experiencing mixed signals with stable Atlantic met coal prices and rising contract demand amid lower regional spot demand.
- Author
- xingchenmini
- Language
- EN