Coking Coal

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Coal futures surged to almost $150 a tonne in July, the highest level in a decade as a heat wave in Zhejiang, Jiangsu and Guangdong, China's biggest industrial provinces has pushed the electricity consumption to unprecedented levels.…

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The coal market extended its upward momentum, with futures climbing above the $90 per tonne level for the first time since March 2019. Top consumer, China, is expected to face shortages in imports of coking coal from major…