Chinese coal buyers are trying to renegotiate long-term contracts, eyeing better deals on the spot market where prices are at four-year lows, three sources familiar with the matter said, adding pressure to China’s cash-strapped coal sector. Weak demand has pushed spot market prices below the level of existing long-term contracts, said Li Wei, chairman of ...<p><p>https://www.hellenicshippingnews.com/chinese-coal-buyers-try-to-escape-contracts-as-spot-prices-hit-four-year-low/</p></p>
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