Coal shipments to India drop 7%
"Between January and October, coal shipments to India dropped 7% y/y due to the increased cost of imports. Thermal coal demand has remained strong, particularly from the power sector, but domestic mining has not…
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"Between January and October, coal shipments to India dropped 7% y/y due to the increased cost of imports. Thermal coal demand has remained strong, particularly from the power sector, but domestic mining has not kept pace, forcing power plants to draw down inventories.
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