Coal Prices to Rise: Deutsche Bank

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.

To view the whole Reuters report, click here.