Australian thermal coal prices have fallen to their lowest since April 2018 as a slowdown in Chinese imports dents demand for the commodity. Spot cargo prices for Australian thermal coal exports from the port of Newcastle were last settled at $95.75 per ton, the lowest since a spike in April 2018 pushed prices above $100 a ton. The 6 percent slump since the start of the year is a result of a sharp slowdown in Chinese imports of coal. Refinitiv ship tracking data on Friday showed dozens of large dry-bulk carriers sitting outside China’s major coal import terminals, waiting to unload. (Australian Newcastle coal price: tmsnrt.rs/2Bqjibs ) (Australia coal […]