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Thermal coal prices under pressure because of China: ANZ

DEVELOPMENTS in China have created a mixed near-term outlook for thermal coal prices, with weather events and policy changes distorting supply and demand, according to the ANZ Bank.

Lou Caruana
Thermal coal prices under pressure because of China: ANZ

Recent flooding in southern China has forced the closure of a significant amount of hydropower generating capacity, placing more reliance on coal-fired power. However, this could all be unwound by the...

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