BCB 3.23% 6.0¢ bowen coking coal limited

Unfortunately we are unlikely to benefit from Chinese imports as...

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    Unfortunately we are unlikely to benefit from Chinese imports as below Reuters article from Thursday highlights:

    "For the first seven months of the year, the world's biggest coal importer saw arrivals of 261.18 million metric tons, up 88.6% from the same period in 2022.
    This figures includes all grades of coal, but the lion's share is made up of thermal coal, used primarily to generate electricity, as China is largely self-sufficient in coking coal for steel-making, and what it does import comes mainly overland from neighbouring Mongolia."


    https://www.reuters.com/markets/commodities/chinas-renewed-appetite-australian-coal-disrupts-asia-flows-russell-2023-08-10/
 
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