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Thermal coal: April coal prices may remain relatively high overall; off-season characteristics are quite evident.
Ask AI · How does the tense Middle East situation support coking coal prices at high levels?
【Coking coal: April coal prices may generally remain relatively high; the off-season is not quiet with obvious characteristics】Cailian Press, April 7 — Although April is traditionally the off-season for domestic coal consumption, due to the unstable and repeatedly tense Middle East situation, the high international oil and gas prices are supporting coal prices. Meanwhile, traders are not pessimistic about the market outlook and have certain speculative demand. In April, coal prices may generally fluctuate at high levels, with the characteristic that the off-season is not quiet.