Chinese companies resume Australian coal imports; first batch to arrive in Feb – Global Times

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Chinese companies resume Australian coal imports; first batch to arrive in Feb – Global Times China Australia AUDUSD ForeignTrade

"Bids were sought, the contract was signed and the price was relatively reasonable."

“The import is considered a positive signal, which will help stabilize domestic coal prices and diversify import channels.”At the time of writing, AUD/USD is trading at 0.6888, up 0.05% on the day, having failed to find any inspiration from the above report. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

 

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