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    coal investing

    Indian Coal Imports Spike

    Investing News Network
    Oct. 23, 2012 08:30AM PST
    Industrial Metals Investing

    Bloomberg reported that Indian imports of coking and thermal coal rose by 18 percent during the period of September-April, year-over-year.

    Bloomberg reported that Indian imports of coking and thermal coal rose by 18 percent during the period of September-April, year-over-year.

    As quoted in the market report:

    Asia’s third-largest economy imported 102.853 million tonnes of thermal and coking coal in the 2011/12 fiscal year, jumping nearly 50 percent from a year earlier, the figures given to Reuters on Tuesday showed.

    To view the whole Bloomberg report, click here.

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