May 212015

world's top coal importer

India is expected to overtake China as the world’s top coal importer in 2015, faster than previously expected, traders and consultants said.

India’s coal imports should rise to around 200 million tonnes this year, from around 180 million tonnes in 2014. It’s happened much faster than expected because Chinese imports have gone down and prices have gone down – price plays a very important role in India.

Contributed By Sonia Narula

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