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"Coal prices in Australia struck a record high of $201.00 a ton on July 2 but pulled back sharply in the following days, taking their lead from a 20-percent drop in European thermal coal prices, which traders and analysts said was due to a long-overdue market correction.

Still, analysts said Asian coal prices were expected to remain firm with all indicators pointing to tightness in the market."

Oh no! European coal has dropped from a correction after doubling ROFL You really are a panic merchant solarx....