Article today in the Oz says that the Chinese Port Hold-ups might be a scam to get out of Coal Contracts due to Force Majeure. If that is true - China inc is turning into a cash up front customer. Wouldn't surprise me at all.
It would surprise me if China really planned to burn their own crap coal however - that would be desperate, and not very funny for the population.
https://www.theaustralian.com.au/bu...p/news-story/800c0a2c0fb2d34de2c8b913edb5ca2b
China's Oz coal restrictions in context - no reason to panic, page-12
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