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Indonesian Coal Prices Continue to Slip on Lack of Demand
Dec. 02, 2011 11:00AM PST
Industrial MetalsPlatts reported that slow demand from Chinese importers is causing Indonesian coal prices to fall.
Platts reported that slow demand from Chinese importers is causing Indonesian coal prices to fall.
As quoted in the market news:
A trader said his Chinese associates are still asking him to offer Indonesian coal in China, but added that he is not trading as he feels that Chinese importers will only buy at prices lower than what they have been offered.
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