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Chinese demand for coal is cooling

Posted on 23 September 2013

China’s appetite for coal, once seemingly unlimited, is starting to wane, and the effects are rippling far from the Middle Kingdom. With the world’s second-largest economy, China in recent years has been driving demand for all sorts of commodities, especially thermal coal, which is used to fuel power plants.
But now economic growth in China is slowing, and rising public anger over air pollution is increasing pressure on utilities running the country’s coal-burning power plants to shift to nuclear power and natural gas………………………………..Full Article: Source


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VRS - who has written 36685 posts on Opalesque Commodities Briefing.


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