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Asia’s Coal Prices To Stay High as Supply Drops and Demand Firms
What I Cover Tsvetana Paraskova is an energy and commodities journalist who has contributed to Oilprice.com for nearly a decade, covering global energy markets, commodities,… Thermal coal prices in Asia are expected to stay elevated in…
AI Summary
Thermal coal prices in Asia are projected to remain elevated over the next several months, according to a Fitch Ratings report. The outlook reflects strengthening demand as utilities continue shifting from gas to coal, while supply is tightening due to reduced output from China and Indonesia. Fitch’s analysis suggests the combination of higher demand and lower supply will keep regional coal prices high in the near term.
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