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Coal Trading with Hayn Park
The HC Commodities Podcast
Physical Trading of Coal
Of the 6 billion ton global market for coal. 5,000 of it is actually domestically mined and domestically consumed so coal is mined it's put into a truck and then that's trucked somewhere and then it is consumed almost all of it in country. Those are trades that are dominated by whatever the national companies are or the various private enterprises that are involved. About less than that a thousand million tons of that 6,000 million ton market and that's seaborne coal coal that is mined in one place again one of the biggest exporters are Australia, Colombia, South Africa,. Russia and this coal is mined truck to a port put on a boat and then sailed somewhere else to consuming countries
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