Mon, 30 Jul 2012 10:41:47 GMT
Demand decline for China's thermal coal
China's power-station coal fell in price for a 12th week to the lowest since 2009 as demand for electricity shrank and hydropower production rose. On Sunday, coal tumbled to a range of 620 Yuan ($97) to 635 yuan per metric ton. The midpoint was 0.8%, the lowest value since October 2009. Thermal coal inventories dropped 1.2% in July, staying beyond