Economy · World
China's Thermal Coal Prices Hit Three-Year High Amid Supply Concerns
China's thermal coal prices have reached a three-year high, driven by a combination of factors including sluggish domestic production growth and supply disruptions in Indonesia, a major exporter. The surge is further amplified by a broader energy rally influenced by the US-Iran conflict. Little immediate relief is anticipated for these elevated prices.
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- Centre (2): Bloomberg, Mint