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Global thermal coal market to grow 5.0pc in 2018

Wednesday, 14 February 2018


GOA, India, Feb 13 (Reuters): The global thermal coal market will grow by about 48 million tonnes this year, 5 per cent more than last year, the chief coal analyst at Noble Resources said on Tuesday, adding that imports to India will rise after falling in the last two years.
"Current seaborne volumes require imports from swing suppliers, such as the United States," Rodrigo Echeverri, the head of hard commodities research at Noble, told the Coaltrans India conference in Goa.