Markets

Global thermal coal market to grow 5 percent in 2018

Published February 13, 2018 Updated February 13, 2018 06:04am

"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.

Coal demand in major coal consuming countries rose and prices gained in 2017, after a downturn spanning over half a decade put many small thermal coal producers out of business.

Copyright Reuters, 2018