The prices of key seaborne thermal coal grades rebounded in September from four-year lows in June and July as China ramped up coal imports amid higher summer demand and falling domestic production. After months of declining coal imports earlier this year, with July arrivals down by 23% from a year earlier, China’s coal imports strengthened in August and are set to remain at high levels in September, too. China is on track to import 27.41 million metric tons of seaborne thermal coal this month, per data by commodity analysts Kpler cited by…
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