Author: Damini Sahu
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India: Flood of US thermal coal shipments raises oversupply risks
NAPP coal demand gains amid elevated pet coke prices Price pressure likely as supply growth to outpace demand The Indian west coast is bracing for a wave of American coal. Over the next two months, more than 2.1 million tonnes (mnt) of high-calorific value (CV) Northern Appalachian (NAPP) coal are scheduled to arrive at ports…