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    coal-investing

    UK’s Q2 Thermal Coal Imports Jump 72% On-Year: Ministry

    Investing News Network
    Sep. 29, 2011 12:23PM PST
    Industrial Metals Investing

    Platts reported that UK coal imports in the second quarter were up significantly over the same period last year.

    Platts reported that UK coal imports in the second quarter were up significantly over the same period last year.

    The market news is quoted as saying:

    Traders said UK thermal imports had strengthened on the back of positive dark spreads, the profit margins from coal-fired generation. Russia continued to account for the majority of thermal coal imports, shipping just over 3 million mt in the April-June period, while Colombia was the second largest exporter to the UK, delivering 1.88 million mt.

    To read the full market news, click here.

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