Take Your Trading To The Next Level. Get Started Here!

China nears lifting over two-year-old unofficial ban on Australian coal imports

January 4, 2023 Comments Off

China is close to lifting a more than two-year-old unofficial ban on Australian thermal and coking coal imports for its power and steel plants, as the country looks to expand its procurement origins and reduce trade flow disruptions following the Russia-Ukraine war, several market sources in China, Singapore and Indonesia told S&P Global Commodity Insights Jan. 4. While the exact…