Quick up-date on our Indo market potential:
Snippet from this article of last Thurs.:
'Thermal Coal Price Heating Up in Asia'
" ... In the past five months, India has stormed past Japan to become the new leading buyer of Indonesian thermal exports, importing upwards of 60 million tonnes in 2011, a number which could expand to 90 million tonnes by 2013. Indonesia, the world's number one thermal coal exporter, is an important swing supplier within the region exporting more than 210 million tonnes of thermal coal in 2010.
Asian growth looks strong enough to encourage coal producers to rely on India and China to lead global thermal demand into the next decade. ..."
http://coalinvestingnews.com/3139/thermal-coal-price-heating-up-in-asia/
Othe rinteresting notes on China's demand.
Enjoy the read.
Subscription is free by the way.
So, ... here's to the wait on Mark's up-date!
Cheers :)
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Quick up-date on our Indo market potential:Snippet from this...
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