Continued Demand from Europe, Asia May Float Coal Industry

Industrial Metals

Business Insider reported that, although a number of coal stocks have been recently battered with the movement towards favouring “cleaner”, fuel, this may represent an opportunity to buy while stocks are low, with the knowledge that European and Asian market demand continues to grow.

Business Insider reported that, although a number of coal stocks have been recently battered with the movement towards favouring “cleaner”, fuel, this may represent an opportunity to buy while stocks are low, with the knowledge that European and Asian market demand continues to grow.

As quoted in the market report:

Just remember, coal is plentiful… easy to transport… and cheap. The way I see it, this versatile fuel source isn’t going anywhere – and rock-bottom prices for some of the industry’s best companies represent a true opportunity.

To view the full Business Insider report, click here.

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