Australian coal exports to China and South Korea on the rise.

 
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Australian coal exports are on the rise this year, with China and South Korea proving to be the preferred markets so far. In its latest weekly report, shipbroker Banchero Costa said that coal trade in the Pacific basin has been generally positive so far this year, and this has benefitted not only Indonesian exporters but also Australia, although to a slightly smaller extent.

In the first 9 months of 2019, based on Refinitiv vessel tracking data, Australia exported 290.6...

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