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China Coal-Buyers cautious even as port stocks drop

sharenet | October 1, 2011 | 4:41 am Energy China Europe Coal

By SHANGHAI, Sept 30 (Reuters) – China’s thermal coal prices climbed for a third week, breaking through 830 yuan a tonne, as stocks at the largest port tumbled by over 16 percent. Inventories were shaved by rail maintenance and the closure of some