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Coal price rally firing up SGX-listed miners

Chinese buyers have come back into the market, and wet weather has disrupted coal production in Indonesia

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Geo Energy's SDJ coal mine in Kalimantan, Indonesia, located close to the jetty and anchorage for exports. Wet weather in Indonesia, particularly in the South Kalimantan province, which has disrupted thermal coal production and vessel loading activities, is also driving up spot coal prices.

Singapore

A CONFLUENCE of fresh factors - chiefly renewed demand from China, the world's top coal buyer, and a weather-led supply crunch in Indonesia - is stoking a rally in coal prices, which could turn the trio of upstream coal miners listed on the SiThe price of 4,200 GAR coal, a

sentifi.com

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