China Coal Energy jumps more than 40 percent on debut in Shanghai
The share price of China Coal Energy, the country's second largest coal producer, jumped more than 40 percent in a strong debut in Shanghai today amid volatile trading.
Asian benchmark coal prices may rise 5.1 percent next quarter as the biggest importer Japan rebuilds ports and cities devastated by the March earthquake and tsunami, increasing demand for the fuel, Standard Chartered Plc said.