Thermal-coal prices may be running out of steam as Asian power producers wind down purchases after a period of prewinter stockpiling and an underlying supply glut reasserts itself.
Prices of the power-generation fuel have rallied to multimonth highs in China and Australia, two countries that dominate coal supply-demand fundamentals, mirroring moves seen with iron ore.
China’s continued economic strength has underpinned…
See the original post: Coal Prices May Run Out of Steam
沒有留言:
張貼留言