Author: Shivani Patil
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China’s coal equities rally on Middle East energy fears, domestic coal prices fall
Chinese coal stocks rally on energy substitution expectations amid Middle East tensions Domestic thermal coal prices fall as weak demand outweighs global energy rally Mysteel Global: China’s market for thermal coal and that for the shares of companies mining the coal showed a clear divergence on March 12. While coal-related equities rallied sharply on expectations…