Prices of Asia-Bound Russian Thermal Coal Significantly Drop

摘要

The prices of Russian thermal coal shipped to Asian Pacific region have significantly dropped. According to a source, there was the offering price that fell below US$ 70 FOB (GAD 6,800kcal/kg Basis). This price seems what makes the industry realize that the Russian coal is really declining. The supplier who made this offer was not eventually awarded, by the way.