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Coal Market Outlook Dampens as Prices in China Drop to Lowest Levels in a Year

Earlier this week, the price of thermal coal in China fell to their lowest levels in a year. Traders and analysts believe that this is because production from mines in the country is recovering faster than the demand for thermal coal.

Rising inventories in China are limiting imports and, in turn, putting pressure on the global price of the fuel. Slow recovery in the consumption of…

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