AFR 24.1.23 said“Coronado expects Australian met (metallurgical) coal imports to China to return in 2023 and displace lower quality and higher cost Chinese domestic or US met coal production, particularly to the Chinese steelmakers in southern regions,” the Queensland-based company said.
“Coronado anticipates that the resumption of Australian met coal imports into China will improve market dynamics as well as increase competition for Australian coal and will likely push up seaborne coal prices in the short term.”
https://www.australianmining.com.au/news/coronado-signals-chinas-coal-advances/
The increased demand from China, for Aust. met coal (inc. our superior grades, in particular) is very likely, of course, to raise met coal prices. This will, eventually, also benefit BCB.
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