China Coal Price May Rise 5% as Imports Increase 15%, UOB Says

Industrial Metals

Bloomberg reported that both China coal imports and coal prices are expected to rise over the next two years.

Bloomberg reported that both China coal imports and coal prices are expected to rise over the next two years.

As quoted in the market news:

Imports of coal for power stations and steelmakers may climb to 300 million metric tons in 2015 from an estimated 165 million this year, said Helen Lau, a Hong Kong-based analyst at UOB-Kay Hian, in a report e-mailed today.

Click here to read the full Bloomberg report.

The Conversation (0)
Ă—