Coal Exports to Asia Continue to Increase

MarketWatch reported that Asian demand is fuelling a US coal export boom.

As quoted in the market news:

Fast-growing China and India have been sucking up shipments to fuel an expansion of coal-fired power plants, disrupting traditional supply channels. South Africa — a traditional exporter to Europe — has been sending more shipments to Asia, creating a hole in the market that the U.S. has helped fill.

Click here to read the full MarketWatch report.