Asian coal buyers unable to find payment method for discounted Russian cargoes
April 29, 2022 Comments Off
Buyers across Asia were interested in purchasing discounted thermal coal from Russia, but a suitable payment mechanism continues to deter them from doing so, market sources said April 29. The issues surrounding payments stem from numerous sanctions placed against Russia after its invasion of Ukraine in March, and logistics have similarly been affected, making it difficult to secure supply as…
Asian coal buyers unable to find payment method for discounted Russian cargoes
Buyers across Asia were interested in purchasing discounted thermal coal from Russia, but a suitable payment mechanism continues to deter them from doing so, market sources said April 29. The issues surrounding payments stem from numerous sanctions placed against Russia after its invasion of Ukraine in March, and logistics have similarly been affected, making it difficult to secure supply as…
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