Australian coal shipments to China at standstill amid unresolved trade tensions
by Daniel Hurst from on (#5CFKK)
No ships left the big ports in Queensland and NSW in December ahead of Beijing resetting coal import quotas for the new year
Hopes of an early resumption in the Australian coal trade to China have been dashed after analysis revealed no ships had left the largest export terminals in Queensland and New South Wales bound for the country last month.
Market watchers say that goes against the annual trend of ships setting off for China in December, so that they arrive for the resetting of coal import quotas at the beginning of a new calendar year.
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