Path ahead looks rocky for thermal coal

HEADWINDS in the thermal coal market are unlikely to ease in the coming year as COVID-19 effects continue to impact the economy, the latest ANZ Commodity Call says.

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Path ahead looks rocky for thermal coal Path ahead looks rocky for thermal coal Path ahead looks rocky for thermal coal Path ahead looks rocky for thermal coal Path ahead looks rocky for thermal coal

New spikes and ongoing rising numbers of COVID-19 cases have seen some countries implementing new restrictions which will impact thermal coal prices..

Growth demand from developing countries will fail to offset weaker demand from Europe, China and the US.