Asia Coal-Prices climb above $54 on bullish demand

Benchmark Australian spot thermal coal prices rose above $54 a tonne, the highest level in more than three weeks, as active Asian buying was compounded by a lack of spot coal supplies.
Thermal coal, used for power generation, rose $1.37 from a week earlier to $54.66 per tonne, the globalCOAL NEWC index showed on Monday, based [...]

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