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/CHINA: ANZ On The Sino-Aussie Coal Story

AUSTRALIA

Re: the recent stories surrounding Sino-Aussie coal trade restrictions, ANZ think "it's another concerted effort by Chinese authorities to support the domestic market. As such, we don't see any medium term implications. Nevertheless, this will weigh on prices of premium hard coking coal. Cargoes are taking a long time to be sold amid the confusion, with buyers treading carefully."

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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