How much further can coal go?

Financial Times LogoFinancial Times1 mo ago

How much further can coal go?

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Supply constraints and growing demand mean this year’s record high coal prices might be just the start.

In Indonesia [the world’s fourth biggest producer], the largest thermal coal exporter, severe flooding in Kalimantan and Sumatra led several producers to declare force majeure in Q3 . . .

Imports from the US, South Africa, Australia and Colombia are likely to rise as a result, and the European Commission now expects the EU will use 5 per cent more coal than previously expected over the next five to 10 years.

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Article Details

Author / Journalist: George Steer

Category: MarketsFinanceInvesting

Topics: Cent Demand Supply Prices Been China Plants South Coal

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-30, 14:16:50

News Timezone: GMT -5:00

News Source URL:

Language: English

Reading Time: 7 minutes read

Article Length: 1130 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 23105

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About Financial Times

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Year Established: 1888

Headquarters: United States

News Last Updated: 9h ago

Coverage Areas: United States

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