NEW YORK ( TheStreet) -- Coal prices are expected to heat up during 2010 on the back of strong demand growth in China, India and Indonesia. Moreover, supply constraints may steepen as several mines in Australia and South Africa experience transport problems and clogging coal infrastructure.We anticipate stocks of U.S. coal producers will recover from their recent selloffs and generate gains during 2010 as fundamentals of the industry remain strong. The selloff of coal stocks related to the European debt crisis and China economic growth during the past month are overdone.
Coal Producers To Ride Demand Growth
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