During the month of May xxxx, Coal prices in the APAC region experienced an incline. This rise was driven by a combination of increased consumption, as well as low production levels. Further, the prices were affected by a decrease in output from exporting countries, contributing to the overall price escalation. The demand for Coal outpaced the available supply, creating a situation where supply could not keep up with the rising demand. This imbalance between supply and demand further contributed to the increase in Coal prices throughout the region.
In May xxxx, Coal prices in China experienced a notable increase of x.xx, rising from USD xxx/MT to USD xxx/MT. This increase reflected an overall positive trend in the coking Coal market throughout the month. By the end of May, Coal production in the mining regions had remained relatively stable, and downstream coking enterprises were actively replenishing their inventories...
