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China Coal Prices Rise to Four-Month High on Railway Repairs
Apr. 18, 2011 02:45PM PST
Industrial MetalsBloomberg reported that coal prices at a Chinese port are up as supplies have been limited due to railway repairs.
Bloomberg reported that coal prices at a Chinese port are up as supplies have been limited due to railway repairs.
The market news is quoted as saying:
“The main reason for the inventory drop and price increase is because of the maintenance at Daqin,” David Fang, a director at the association, said by telephone in Beijing.
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