Brief: Coronado Global Says Expects Demand & Pricing For Seaborne Met Coal To Increase In Late Q3

Coronado Global Resources

08/08/2023 02:28

Aug 8 (Reuters) - Coronado Global Resources Inc
 CRN.AX :
    * LONG-TERM GROWTH IN GLOBAL MET COAL EXPORT DEMAND
ANTICIPATED TO
PUSH TRADE FLOWS UP TO ESTIMATED 548 MMT IN 2040
    * ANTICIPATES DEMAND & PRICING FOR SEABORNE MET COAL TO
INCREASE
IN LATE-Q3 WHEN RESTOCKING DEMAND IMPROVES MARKET DYNAMICS
    * FOR REMAINDER OF 2023, EXPECTS MET COAL PRICING TO REMAIN
ABOVE
LONG-TERM HISTORICAL AVERAGE PRICE

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 ((Reuters.Briefs@thomsonreuters.com;))