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Asian demand keeping thermal coal prices high

ASIAN thermal coal prices hit a six-and-a-half-year high last month, as strong import demand and supply-side issues tightened the market, according to a report by the ANZ Bank.

Lou Caruana
Chinese capital Beijing.

Chinese capital Beijing.

China's supply-side reforms remain the driving force behind that pressure, with growth in output collapsing at a time when coal-fired power generation is growing at nearly double-digit rates, ANZ said...

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