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Struggling China coal miners try to boost prices for 2015 contracts

Their discussions are being closely watched abroad as any sustained rise in price can reignite import demand
Friday, December 5, 2014 - 05:50
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Swollen coal stockpiles and tepid demand will give utilities strong bargaining power in negotiations.

Shanghai

CHINESE coal miners are raising spot prices in a domestic market struggling to recover from seven-year lows, desperate for an edge in annual negotiations to supply power plants, key buyers in the world's biggest consumer of coal, industry sources say.

Discussions on annual

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