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Coal prices are set to shine

Melissa Pistilli
May. 11, 2009 08:36AM PST
Market News

Coal Investing News reports coal prices are looking brighter. Coal prices have fallen from a record high of $200 a tonne delivered into Europe last September to around $60 at present. Demand for coal in Asia is a major support factor for coal prices and China and India are expected to continue to drive demand …

Coal Investing News reports coal prices are looking brighter.

Coal prices have fallen from a record high of $200 a tonne delivered into Europe last September to around $60 at present. Demand for coal in Asia is a major support factor for coal prices and China and India are expected to continue to drive demand growth in Asia. Europe is also expected to see a more balanced market from Q3 this year, analysts said.

 

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