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Reuters reported that European prompt physical coal prices increased by $1.50 but the outlook was still pessimistic.
Reuters reported that European prompt physical coal prices increased by $1.50 but the outlook was still pessimistic.
As quoted in the market news:
The usual, seasonal rise in European demand for Q4 is expected to materialise but what has spooked the market recently has been China’s widespread price re-negotiations while still importing more coal than a year earlier.