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Bloomberg reported that the price for China thermal coal dropped due to lower demand.
Bloomberg reported that the price for China thermal coal dropped due to lower demand.
As quoted in the market news:
Coal with an energy value of 5,500 kilocalories per kilogram slid 0.6 percent to a range of 765 yuan ($121) to 775 yuan a metric ton as of yesterday compared with a week earlier, according to data from the China Coal Transport and Distribution Association today.
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