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Coal Demand In China Is Positive Sign For Miners: Padmesh Gupta

“Thermal coal prices from Kangarooians ( Australia) for spot cargoes above $100 a ton , lifted by reports of strikes and strong Chinese demand, are great news for Mining sentiments , nonetheless to mention about share price of Glencore and Whitehaven Coal” says Padmesh Gupta. A tough action on illegal/unwarranted mining and concerned pollution in China has restricted in-house supplies, just as a heat wave and lower hydro power output have notch up demand for coal for power generation, resulting to increase in price .<br>For more update about Padmesh Gupta click here… https://www.padmeshgupta.com/blog/

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Coal Demand In China Is Positive Sign For Miners: Padmesh Gupta

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  1. Coal Demand In China Is Positive Sign For Miners: Padmesh Gupta By:- Padmesh Gupta IND:- 712 6657400 Email: info@guptaglobal.com

  2. Coal Demand In China Is Positive Sign For Miners “Thermal coal prices from Kangarooians ( Australia) for spot cargoes above $100 a ton , lifted by reports of strikes and strong Chinese demand, are great news for Mining sentiments , nonetheless to mention about share price of Glencore and Whitehaven Coal” says Padmesh Gupta.

  3. PadmeshGupta A tough action on illegal/unwarranted mining and concerned pollution in China has restricted in-house supplies, just as a heat wave and lower hydro power output have notch up demand for coal for power generation, resulting to increase in price .

  4. Gupta Corporation Limited The same constraints in 2016 increased prices to $114 a ton and miners are again foreseeing unexpected revenues or profit, although market is not reliable and subjected to change anytime . "Coal demand remains strong, especially in Asia," said Paul Flynn, managing director of Whitehaven Coal (WHC.AX).

  5. Padmesh Gupta Coal "In recent times import of thermal coal to china has increased by huge margin then what was expected and added with weather related problems on supply from Indonesia and some production issues in Australia, have pushed up the price of seaborne thermal coal."

  6. Padmesh Gupta Nagpur Adding grist to the mill are news of more organized attack at Australia's Hunter Valley mine, as well as weather-related supply disruptions in Indonesia, are acting as a catalyst to increase the price of thermal coal in china ,extracted and observed by Padmesh Gupta from Nagpur .

  7. Thank You For Latest Client Case Studies Kindly get in touch with us Website : www.padmeshgupta.com/blog/ By:- Padmesh Gupta • IND:- 712 6657400 • Email: info@guptaglobal.com

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