10.06.2016 - Unloved coal rides commodities rebound
Although most analysts remain bearish, thermal coal has risen about 5% in the past month. A rising tide lifts all boats — even it seems seaborne thermal coal, possibly the least loved major commodity. Raw materials are enjoying their best start to a year since 2008 aided by a weaker US dollar and better supply and demand fundamentals. Iron ore, oil, gold, soybeans and zinc have led the advance but other less favoured commodities have also seen gains, including coal...............................................Full Article: Source
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