Supply Constraints Keep Asian Coal Prices High
Asian thermal coal prices are likely to stay elevated in the near term as Indonesian supply uncertainty and lower Chinese production limit supply, says Fitch Ratings. Demand from gas-to-coal switching in Japan and Korea is likely to stay firm, driven by the Middle East conflict, pushing regional prices higher – particularly for high- Calorific Value ...
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Also reported by 2 other outlets
- Asia’s Coal Prices To Stay High as Supply Drops and Demand Firms oilprice.com
- Asian coal prices to stay elevated as Indonesian supply curbs tighten market: Report thehindubusinessline.com