Thermal coal prices under pressure because of China: ANZ

DEVELOPMENTS in China have created a mixed near-term outlook for thermal coal prices, with weather events and policy changes distorting supply and demand, according to the ANZ Bank.

sponsored-logo
Thermal coal prices under pressure because of China: ANZ Thermal coal prices under pressure because of China: ANZ Thermal coal prices under pressure because of China: ANZ Thermal coal prices under pressure because of China: ANZ Thermal coal prices under pressure because of China: ANZ

Recent flooding in southern China has forced the closure of a significant amount of hydropower generating capacity, placing more reliance on coal-fired power.

loader