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Will Aust. Coking Coal price hit pre-Covid level soon?

Australian coking coal prices have continued to climb throughout this month, as multiple trade deals were concluded and higher bids emerged in the Chinese spot market.
Average spot prices for the premium low-volatile (PLV) hard coking coal (HCC) grade surged by as much as 30% month-on-month, on firm buying interest for higher-grade coking coals in China. This sudden rally in seaborne coking coal prices is primarily attributable to the aggressive spot buying observed in China ahead of


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