The spot export market for metallurgical coal in the Asian region can’t stop getting weakened. In fact, the spot export price (FOB: US$/MT) of premium hard coking coal produced in the State of QLD, Australia meant for Asia drops to slightly more than US$120 at the present moment. Partly because the Government of China practically banned the import of Australian metallurgical coal, the spot export price of premium hard coking coal dropped to the range of US$103 to US$104 during early December 2020 to early January 2021.
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