Brief: Coronado Global Says Expects Demand & Pricing For Seaborne Met Coal To Increase In Late Q3
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
Source text for Eikon: ID:nASX2qlwhX
Further company coverage: CRN.AX
((Reuters.Briefs@thomsonreuters.com;))
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