Australian Coal Premium to Widen on Asia Growth

Industrial Metals

Bloomberg reported that Australian coal’s premium over Europe is expected to widen as economies in China and India expand.

Bloomberg reported that Australian coal’s premium over Europe is expected to widen as economies in China and India expand.

The article states that:

Booming markets in China and India are boosting purchases of Australian fuel, with overall Asian coal demand forecast to rise 8 percent this year to a record 438 million tons

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