Thermal coal was traded above US$106 per ton Monday, supported by various factors, including China’s strong demand for seaborne coal due to difficulties confronted by domestic producers to grow output. China Shenhua Energy Co Ltd, one of the largest coal producers in the world, produced only 295.4 million tons of coal last year, inched up 1.9% from 2016, while gross power generation grew 11.4%.To subscribe please click here