Asian thermal coal traders await direction amid worsening coronavirus outbreak

摘要

Singapore—Trading in the Asian seaborne thermal coal market is expected to remain muted this week following the extension of the Lunar New Year holidays in China amid the coronavirus outbreak impacting various countries across Asia, market sources said Tuesday. The uptrend in Kalimantan thermal coal prices might halt, a Singaporebased trader said, amid scant Chinese seaborne buying activity.