Coal and Diesel

Source: Australia set to boost imports of diesel to power coal mines| Reuters

SINGAPORE, Nov 8 Australian imports of diesel are set to grow as miners in the country rev up generators used to power pit operations following a resurgence in coal markets, trade sources said on Tuesday.

Prices for coal have more than doubled this year after China moved to buy more overseas, with miners in top producers such as Australia pushing to meet demand.

That is expected to ramp up appetite for the diesel they need to power mines, stoking the amount of profit made on refining the fuel, which in early November had already hit its highest in nearly a year.​

Interesting turn of events. Other articles suggest this is part of a Chinese plan to restructure their domestic coal production with a short-term fall inducing the price spike.

Bob Wilson