Coal news and updates

Column: India, China demand boost low-rank thermal coal prices in Asia

NEW DELHI, Feb 27 (Reuters) - Signs of stronger import demand from India have arrested the decline in price of the thermal coal grades most commonly sought by the world's second-biggest importer of the fuel used to generate electricity.

The price of low-grade Indonesian coal with an energy content of 4,200 kilocalories per kg (kcal/kg) , as assessed by commodity price reporting agency Argus, increased to $73.42 a tonne in the week to Feb. 24.