Related articles Wescoal CEO upbeat about prospects CoAL gets good news on planned Makhado mine COAL prices in Asia are showing little sign of recovery after the biggest quarterly decline in a year amid subdued demand and increasing supply from Australia and Indonesia, the world’s largest exporters. Prices of coal at the Australian port of Newcastle, the Asian benchmark grade, may trade between $80 and $90 a metric tonne for the rest of the year, according to UBS, while Bank of America forecasts an average $86 a tonne this year, down from an earlier estimate of $92. Coal has dropped 7.5% to $81.20 a tonne in the second quarter, the most since the three months ended June last year, IHS...
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