CHINA's inclination to lower dependence on imported coal and the end of winter heating needs have kept benchmark coal prices almost 40% lower than the peak level last year, according to S&P Global Ratings.
China's domestic supply was expected to increase more than 100 million tonnes per annum in 2019.
It said China's domestic supply was expected to increase more than 100 million tonnes per annum in 2019, which put further pressure on seaborne thermal coal prices - especially benchmark Australian coal....
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