coal prices set for long term rises, page-4

Banjar,
dont want to argue semantics, but if you read some of the previous posts, particularly Roidz, you will see that China is building some 1500 km of rail per month currently targeting the northern regions with lots of coal but no infrastructure. currently it is cheaper to import coal to southern ports rather than bring from inland, but that will all change shortly when abundant, cheap thermal coal will become available.

*** There is a fairly poor link between coal + oil prices. When coal becomes available Chinese will not use diesel generators which are only a stop gap measure. Chinese have targeted a 50% coal increase to 2010 to 3,000 Mt and that will swamp current demand.