China seen as net coal importer of 10-20 mln T-Peabody

NUSA DUA, Indonesia, June 1 | Mon Jun 1, 2009 2:39am EDT

NUSA DUA, Indonesia, June 1 (Reuters) - China is forecast to be a net coal importer of 10 to 20 million tonnes this year, the president of U.S. coal miner Peabody Energy (BTU.N) said on Monday.

But the Pacific thermal coal market was likely to remain largely stable in the second of this year, Richard Navarre also told the Coaltrans conference in Bali. (Reporting by Fayen Wong; Editing by Ed Davies)

Related Quotes and News

Company
Price
Related News
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.