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Technical Analysis Series – BTU
June 27, 2024 / Australia, Coking coal, Metallurgical Coal, Peabody, Seaborne Coal, Technical Analysis, USA
The shipping queue at Newcastle, a crucial coal export port in Australia, has reached a 23-month high, with 31 vessels waiting as of July 2. This surge in shipping delays has been exacerbated by both climate protests and adverse weather conditions, significantly impacting operations at the port...
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