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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
Published Tue, Nov 18, 2014 · 09:50 PM
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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.
In recent times, thermal coal prices plunged even further due to tighter regulations in China to limi…
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