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Coal prices: a tale of two markets

The international thermal coal market presents a tale of two distinct sentiments: while South African and Russian coal prices experienced notable increases over the week, those of Indonesian, Australian, and USA origin witnessed a decline. The uptick in geopolitical tensions has provided a boost to South African and Russian coal prices. Conversely, the resumption of exports from Baltimore led to heightened supply from the USA, thereby driving down its prices. Additionally, reduced demand from China contributed to the price decline in Indonesia and Australia.

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