Australia’s strong China coal exports exhausted quotas, justifying ban, but politics also at play, analysts say

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Australia’s strong coal exports to China this year justified a reported import ban as it has exhausted its quotas ahead of other countries, commodities analyst S&P Global Platts said, although political reasons for the ban were not out of the question.In the first half of the year, Australia raced ahead of other nations to become the largest exporter of coking coal to China due to a strong rebound in steel production used to supply the country’s post-coronavirus infrastructure and property…
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