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FOB Richards Bay Coal Price Moves Down as Traders Eye China
Jul. 08, 2011 05:13PM PST
Industrial MetalsPlatts reported that thermal coal prices at Richards Bay terminal continued to decline.
Platts reported that thermal coal prices at Richards Bay terminal continued to decline.
The market news is quoted as saying:
A Switzerland-based trader said Richards Bay was being discounted for willing buyers, but noted that most people were putting cargoes straight into storage.
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