Coal Surge Seen by Mobius as China’s Imports
April 17th, 2007Coal is poised to rebound from a two-year slump as China buys more than it exports … from coal, spurring imports from Australia, Indonesia and Vietnam. “The coal sector in China has undergone a change,” said Mark … in Europe by forcing consumers to buy more from South Africa and Russia. Coal prices in Europe have risen to about $70 a ton from …