China thermal coal market faces coronavirus squeeze
Sudarshan Varadhan
Goa |China's domestic thermal coal market faces a 2-3 month short squeeze as a rapidly spreading coronavirus outbreak curtails production more than demand, Noble Resources' chief coal analyst said on Tuesday.
The new virus, which originated in China, has claimed over 1,800 lives in the country, and caused widespread disruption to domestic manufacturing and global supply chains.
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Reuters
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