Asian demand and congested ports set to lift coal prices
by
Jim Wilson
—
last modified
Feb 15, 2010 10:06 AM
PHYSICAL coal prices will strengthen on strong Asian demand and supply bottlenecks and those could lead to a much steeper price rise.
Twenty analysts and industry players polled by Reuters in January forecast modest price gains for the three main benchmarks – thermal coal delivered into Europe and free on board (fob) South African and Australian ports.
The median forecast for coal...
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