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Stock impact report

US coal exports to India expected to rise due to China tariffs [Yahoo! Finance Canada]

Peabody Energy Corporation (BTU) 
Last peabody energy corporation earnings: 4/29 08:00 am Check Earnings Report
NEW DELHI (Reuters) - The United States is expected to boost coal exports to India after China imposed tariffs on energy imports from the U.S., five industry officials said, potentially eroding Australia and Russia's market shares in the Indian market. China's Finance Ministry last week said it would impose levies of 15% on imports of U.S. coal, which the officials said could push U.S. miners to ship to India - the world's second-largest coal importer behind China. "Three U.S. cargoes that were supposed to go to China have landed in India and around 10 more cargoes are waiting. These are huge capesizes and that could further drag down prices," Vasudev Pamnani, director at India's I-Energy Natural Resources, said. "More U.S. coal imports could have an i Read more
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