US-Australian met coal price gap narrows after APAC correction

摘要

The gap between Australian premiummetallurgical coal and lower-priced US EastCoast grades in the Atlantic basin narrowedWednesday as Chinese and Asia-Pacific spotdemand weakens.In the US, tight supplies for Januaryand February laycans for high-volatility andsome low-vol grades, along with for Alabamacoal, limited the extent of spot price erosionthrough February.