China, India to Account for 68% Met Coal Demand Growth Over 2010-2015: BHP

Platts reported that India and China will make up 68% of demand for metallurgical coal, according to BHP Billiton (NYSE:BBL).

The market news is quoted as saying:

Chinese coking coal demand is seen rising by 233 million mt, and India’s by 94 million mt, out of a total demand growth of 483 million mt over the period. Global coking coal consumption is to rise by 3% CAGR between 2010 and 2020, and seaborne demand by 5%, BHP forecast.

To read the full market news, click here.