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Bloomberg reported that Indian demand may fuel a billion-ton coal market.
Bloomberg reported that Indian demand may fuel a billion-ton coal market.
As quoted in the market news:
Seaborne coal trade will expand 4 percent to 956 million tons this year as Indian purchases gain 12 percent and imports into China climb 8 percent, according to data from Clarkson Research Services Ltd., a unit of the world’s largest shipbroker.
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