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Rebound from 2-year lows appears temporary

CoalFreight

05 Jun 2023 09:53

Laurence Walker

London

05 Jun 2023 09:53

(Montel) European coal prices continued to rebound from last week’s two-year lows in early Monday trading amid supportive technical signals, but strong supply and slacking demand would likely keep pressure on the market.

The front-month API 2 contract was seen last at USD 98/t, up USD 4....…

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