Pressures on thermal coal continued despite a recovery of 0.52% to US$88.68 per ton Monday (March 25). Some anticipate further rally in the second quarter, but shared doubts about possible return to above US$115 per ton like in the third quarter of 2018. Interestingly, coal production from two of the largest mining contractors in the country increased significantly in the first two months of 2019.To subscribe please click here
