Fri, May 29, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Energy, Price Watch more

Coal prices to slide in 2009

Posted on 28 November 2008

From Mineweb.com: Prices of thermal and coking coal will fall 20 and 26 percent respectively in 2009, a Reuters poll showed on Thursday, thinning miners’ profits as a slowing global economy chews into demand.

Prices of Asian thermal coal, mainly used to generate power, may fall to $100 a tonne in the 2009 Japanese fiscal year, down 20 percent from this year’s agreed price of $125, a median forecast of 10 analysts said….. Full Article: Source


 Article link

This post was written by:

VRS - who has written 40705 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
May 2015
S M T W T F S
« Apr    
 12
3456789
10111213141516
17181920212223
24252627282930
31