Sun, Mar 29, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Energy more

Asian coal demand is set for robust revival, study says Add to …

Posted on 05 May 2014

Global coal markets are depressed amid a supply glut, but reports of the commodity’s demise have been greatly exaggerated, a new study says.
Prices for thermal coal, a commodity used by power plants to generate electricity, fell recently to less than $75 (U.S.) a tonne, compared with $190 in mid-2008. And prices for metallurgical (or coking) coal, a key ingredient used in the production of steel, have tumbled to $120 a tonne, from $300 in late 2011………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 39856 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
March 2015
S M T W T F S
« Feb    
1234567
891011121314
15161718192021
22232425262728
293031