Industrial Metals

Bloomberg reported that India power utilities are experiencing critically low coal supplies.

Bloomberg reported that India power utilities are experiencing critically low coal supplies.

As quoted in the market news:

Fifty-two coal-fired generators, more than half of the 89 thermal-power plants in India, had stockpiles of less than seven days’ supply on Nov. 27, the supervisory body said in a report on its website. That compared with 46 such plants a month earlier and 29 units a year ago.

Click here to read the full Bloomberg report.

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