Coal news and updates

LNG is being targeted by smaller Chinese buyers (more on this from last week is here) 

sees no backing off from the Australia coal ban in China

"An informal ban on thermal coal has been in place since 2020 and has affected trade flows and seaborne prices over the past six months. Second-guessing how long such bans might continue is risky, given that NDRC referred to an 'indefinite suspension' of dialogue, but we assume the impact on thermal coal will continue at least 2022"

WoodMackenzie referring to National Development and Reform Commission of the People's Republic of China (NDRC) suspending indefinitely all activities under the China-Australia strategic economic dialogue mechanism.

 

Source : https://www.forexlive.com/news