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Wesfarmers slashes coal price but experts see no reason to panic

Andrew Topf | October 03, 2011 | 7:40 pm Energy Australia Europe Coal 

The price of coking coal is likely to remain buoyant despite a recent price cut by Wesfarmers (ASX:WES) and softening Chinese demand for steelmaking inputs. Wesfarmers, an Australian conglomerate based in Perth, over the weekend cut the price it receives for...

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