Thermal coal ended slightly lower by 0.37% to US$79.8 per ton last Friday. While this represented 4.66% month-on-month, the commodity gained 52% year-on-year. The current level is good enough for some small players to boost production and sales. HKEX-listed Agritrade Resources Ltd, which operates some coal mines in Indonesia, for example, will see additional production capacity of 1.2 million tons per annum from the newly acquired mine.To subscribe please click here
