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(Repeats item with no changes in text. The opinions expressed here are those of the author, a columnist for Reuters.) GRAPHIC - Seaborne coal imports for Asia, China and India: tmsnrt.rs/3e1YNpE
LAUNCESTON, Australia, March 4 (Reuters) - There are signs that the price and demand surge for coal during the recent colder-than-expected winter across North Asia is starting to ease, even as the outlook for the seaborne market for the fuel remains solid.
Asia’s total imports of seaborne coal, both thermal for power plants and coking for steel-making, were estimated by Refinitiv at 65.59 million tonnes in February, down from January’s 80.71 million tonnes.
Asia seaborne coal prices start to retreat, China-Australia dispute lingers: Russell financialpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialpost.com Daily Mail and Mail on Sunday newspapers.
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(Repeats item with no changes in text. The opinions expressed here are those of the author, a columnist for Reuters.) GRAPHIC - Australia s exports to China vs exports of metal ores, coal: tmsnrt.rs/3pnQwPJ
LAUNCESTON, Australia, Jan 27 (Reuters) - China is paying a heavy toll for its efforts to punish Australia by banning or restricting certain commodity imports, while conversely Australia seems to have avoided any serious financial ramifications so far.
It is perhaps surprising that the authorities in Beijing, having witnessed how the trade war launched by former U.S. President Donald Trump backfired on his own country, would be keen to try the same thing on Australia.
China fails to learn from Trump backfire in trade war, is losing against Australia
Coal-loading terminal at Hay Point in Mackay Region, Queensland. Image courtesy of BHP Group.
(The opinions expressed here are those of the author, Clyde Russell, a columnist for Reuters)
China is paying a heavy toll for its efforts to punish Australia by banning or restricting certain commodity imports, while conversely, Australia seems to have avoided any serious financial ramifications so far.
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It is perhaps surprising that the authorities in Beijing, having witnessed how the trade war launched by former US President Donald Trump backfired on his own country, would be keen to try the same thing on Australia.