Newcastle high-ash prices post biggest one-day fall in 5 years

摘要

Australian high-ash thermal coal prices atthe Newcastle trading hub posted their largest one-day fall in almost five years Tuesday, retreating $4.50/mt on the back of a sell-off inChinese coal prices.The traded level of FOB Newcastle 5,500 kcal/kg NAR cargoes witha 23% maximum ash content slipped to $82-$83/mt Tuesday from$87-$88/mt Monday.