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Thermal coal prices surge as Chinese buyers scramble for cargoes in supply-driven market

August 05, 2016 (6:46 mins)



The seaborne thermal coal market has seen a huge turnaround with an unexpected surge in prices since June. In this podcast, senior editor Michael Cooper joins managing editor Deepak Kannan in examining what's driving coal buyers in China to bid higher for cargoes from Australia and Indonesia, the current and near-term supply and demand balance in Asia, and other factors that could drive or drag down price movements for the rest of the year.


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