Asian seaborne thermal coal prices firm ahead of China’s Golden Week

摘要

Singapore—Prices of seaborne thermal coal have found support amid firmer demand ahead of China’s Golden Week holidays, market sources said Monday. An India-based trader noted some Indian demand for imported coal picking up, but added that with China away, he needs to continue monitoring the market’s behavior. “China is away this week so I think nothing much will happen in the seaborne market,” said another Indonesia-based trader.