The Business Times
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Pressure on coal prices unlikely to ease for now

Analysts cite continuing overcapacity; longer term demand hinges on India and China

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Published Tue, Nov 18, 2014 · 09:50 PM
Still bearish

Singapore

OVERSUPPLY, coupled with weakened demand, has led analysts to believe both thermal and coking coal prices will remain under pressure up till end-2015 and beyond, with India driving a prominent share of demand.

Coal has been sitting in a bear market for more than three years.

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