Asian coal miners chase self-defeating rise in outputᆞEconomic logic falls away as producers increase volumes
amid oversupply and falling prices Wednesday, 30 April, 2014, 1:31am China's domestic coal output rose 0.9 per cent year on year to 535 million tonnes in the first two months of 2014. Photo: Reuters Coal producers in Asia are currently their own worst enemies, raising output in a bid to boost revenue in order to compensate for lower prices. Economic logic would sugge..