Asia’s Coal Prices To Stay High as Supply Drops and Demand Firms
Thermal coal prices in Asia are expected to stay elevated in the coming months as demand is strengthening in the ongoing gas-to-coal switch, while supply from China and Indonesia is falling, Fitch Ratings said in a report. Coal prices in China, for example, have hit a three-year high in recent weeks
<p>Thermal coal prices in Asia are expected to stay elevated in the coming months as demand is strengthening in the ongoing gas-to-coal switch, while supply from China and Indonesia is falling, Fitch Ratings said in a report. Coal prices in China, for example, have hit a three-year high in recent weeks</p>