Asian demand keeping thermal coal prices high

ASIAN thermal coal prices hit a six-and-a-half-year high last month, as strong import demand and supply-side issues tightened the market, according to a report by the ANZ Bank.

sponsored-logo
Asian demand keeping thermal coal prices high Asian demand keeping thermal coal prices high Asian demand keeping thermal coal prices high Asian demand keeping thermal coal prices high Asian demand keeping thermal coal prices high

Chinese capital Beijing.

China's supply-side reforms remain the driving force behind that pressure, with growth in output collapsing at a time when coal-fired power generation is growing at nearly double-digit rates, ANZ said
  • FREE coverage on the rapidly developing coronavirus pandemic. Visit our COVID-19 hub.
  • Latest COVID-19 Coverage: Pandemic no impediment. Read more.
  • Latest COVID-19 Coverage: Like sand through the hourglass. Read more