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Reuters Africa reported that prices for South African coal continue to fall.
Reuters Africa reported that prices for South African coal continue to fall.
As quoted in the market news:
Prices have been largely stagnant during 2011 apart from brief spikes after the Queensland floods and Japanese tsunami and it has taken many months of minimal demand from India, a huge market for imported coal since 2007 and more recently a halt to Chinese spot buying, before price support cracked.