Pressure on coal prices unlikely to ease for now
Analysts cite continuing overcapacity; longer term demand hinges on India and China
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
OVERSUPPLY, coupled with weakened demand, has led analysts to believe both thermal and coking coal prices will remain under pressure up till end-2015 and beyond, with India driving a prominent share of demand.
Coal has been sitting in a bear market for more than three years.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
