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16 Mar
10:24

Moody's raises met coal price assumption

Moody's has raised its price assumption for metallurgical coal through early 2024 to $260/tonne, up from $220/t. An expansion in India's steel production and improving economic conditions in China will support met coal prices in 2023, offsetting some risk to demand elsewhere, Kallanish learns from Moody's report. Moody's says wet weather in Australia continues to support met coal prices, along with the European Union's ban on Ru…
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