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Coal, Like Oil, Lifted by Supply Squeezes and Record Demand

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SINGAPORE, June 8 (Reuters) - All major benchmarks for thermal coal - the world's second most important energy fuel after crude oil - have pushed back above $50 a tonne for the first time this year, driven by output cuts, supply disruptions and increased demand.


After years of declines, tightening fundamentals have been supported by a surge in oil prices and a weakening dollar, while storms in some producing regions and hot weather in Asia have exacerbated price movements


http://www.downstreamtoday.com/news/article.aspx?a_id=52469


This could help the AUD .

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