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Reuters reported that the largest coal exporters in Colombia sent 15% of their coal to Asian countries to meet demand.
Reuters reported that the largest coal exporters in Colombia sent 15% of their coal to Asian countries to meet demand.
The market news is quoted as saying:
Colombia — among the world’s top producers of high-quality thermal coal and the No. 5 coal exporter — saw a dramatic increase in exports to China in 2010 due to a demand slump in its principal market, Europe, and strong Asian appetite for the material.