29.07.2016 - Coal’s Lead in Commodity Rally Seen Overdone as Demand Falls
Investors in European coal, the year’s best-performing commodity, should strap in for a bumpy ride as demand for the fuel wanes. Coal for delivery in Europe in 2017 will fall about 11 percent by December, taking the gloss off the longest rally in year-ahead prices since 2010, according to a survey of traders and analysts by Bloomberg. The mineral’s 48 percent jump this year is more than double crude oil’s advance...............................................Full Article: Source
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