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Asia’s thermal coal trade in 2023 to stay strong; world imports to drop in 2024: report

December 19, 2023 Comments Off

Thermal coal trade in Asia in 2023 is set to outpace 2022 by 17%, with the biggest driver of this rise being China’s stockpiling of coal, while Vietnam more than doubled imports in the first eight months of 2023, according to the latest Resources and Energy Quarterly report published Dec. 18. The report, which carries the Australian chief economist’s official…