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Reuters reported that coal prices are set to rise on an export boom, fuelled by an increase in Chinese and U.S. demand.
Reuters reported that coal prices are set to rise on an export boom, fuelled by an increase in Chinese and U.S. demand.
As quoted in the market report:
Deutsche Bank said that high Chinese coal inventories and mines returning to production would be headwinds for further price rises in the short-term, but added that it expected coal prices to rise over the course of next year.