(EnergyAsia, July 3 2013, Wednesday) — Thermal coal prices are likely to remain weak as the market remains well supplied in the short term due partly to “lack of discipline” among Indonesian producers, said MayBank. “Inventory levels are high, and the resumption of operations at Daqin Railway as well as the resolution of supply issues…
INDONESIA: May Bank sees near-term weakness for thermal coal price on abundant supply
Posted on July 3, 2013 by EnergyAsia