Yes. China will try to talk the price down.
But its been driven by Europe'a desperation. I would prefer China not unban Australian product because they don't take any Australian coal. Then they can't interfere with the Newcastle spot price.
Surprised they even want coal given Russian coal ban forcing all Russia's coal to be send east i.e. India and China.
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$3.74 |
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| Open | High | Low | Value | Volume |
| $3.75 | $3.79 | $3.71 | $6.026M | 1.610M |
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| No. | Vol. | Price($) |
|---|---|---|
| 52 | 55368 | $3.73 |
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| Price($) | Vol. | No. |
|---|---|---|
| $3.74 | 36239 | 17 |
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| Last trade - 15.01pm 27/06/2025 (20 minute delay) ? |
| NHC (ASX) Chart |