End of Coal, page-2

  1. 729 Posts.
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    As much as I'm sure RamblingsDC is an honest and unbiased purveyor of information, I would just like to use this opportunity to present the counter-argument.

    Seaborne coal prices are up due to an unexpected increase in demand out of China, India, South Korea and Japan. The Newcastle Index is close to 5 Year highs and Australian and Indonesian producers are operating at or near capacity which is allowing the US and Russia to bridge the gap between supply and demand.

    https://www.reuters.com/article/col...ias-top-buyers-russell-idUSL3N1T92AJ?rpc=401&
 
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