COAL NEWS: LATEST HEADLINES *18 July 2008 02:21 PM London Time *
*Coal market set to sizzle further* Mumbai: Coal prices that soared in 2008 could rise higher and stay at elevated levels due to ongoing structural shortages that could go on for a number of years. Developments on both demand and supply side are seen impacting the market. The major price driver is, of course, growing demand from China and India coupled with delays in the completion of coal mine expansions in the current and future major coal exporting countries.
