Straits Asia/Coal: Following recent surge, after Coal Prices in China Surged and Goldman Sachs removing counter off convited sell list, share price could still see further upside, after Barclays not ethat Coal may benefit from Germany’s decision to leave nuclear power because it’s the most likely fuel replacement….
Seperately energy consultancy Wood Mackenzie note that Indonesia looks better placed than Aus to benefit from growing demand for thermal coal, with it expected to take the largest share of growth in the export market for the power-generation fuel through 2015.
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