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Thermal coal trade remains profitable in Asia despite global resistance: industry

October 2, 2023 Comments Off

Thermal coal remains one of the most profitable commodities to trade in Asia despite the lack of optimal bank funding and backlash from several quarters of the world to end its usage due to high emissions of CO2 and other air pollutants, multiple traders and miners told S&P Global Commodity Insights. At least a dozen traders S&P Global met at…