Coal Exports to Increase 15 Percent in 2013 to Meet Indian Demand: Barclays

Industrial Metals

Reuters reported that coal-producing countries are likely to increase exports by 15 percent to meet burgeoning demand from India, according to Barclay analysts.

Reuters reported that coal-producing countries are likely to increase exports by 15 percent to meet burgeoning demand from India, according to Barclay analysts.

As quoted in the market report:

The bank expects global coal producers to expand their export capacity by about 136 million tonnes, a 15 percent increase on 2012 trade.

To view the whole Reuters report, click here.

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