Column: China and India import more thermal coal, but price gains may weigh
The increase in imports by both China and India came after prices for the main seaborne thermal coal grades dropped to four-year lows in June.
CHART: China is burning coal at an insane rate
Chinese financial website Finet quotes Phil Ren, chief of the China Coal Importers Association, as saying at an industry conference in Singapore, China's coal imports may reach 400 million – 500 million tonnes within three years. That would constitute massive...
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