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INTERNATIONAL COAL NEWS

South Korea pays premium for Chinese coal

PRICE talks between South Korea and China has concluded in a price hike of at least US$10 per ton...

Angie Tomlinson

This article is 20 years old. Images might not display.

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South Korea agreed on a term price buy of about $55 per ton from the temporary price of $45 agreed upon earlier this year, an un-named source told Dow Jones.

The price hikes have been substantial, considering South Korea was paying only $30 per ton last year.

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