Russia eyes Asian markets for its coal exports ajot.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ajot.com Daily Mail and Mail on Sunday newspapers.
Deepak Kannan of S&P Global Commodity Insights shares how Russia is looking to tap Asian markets for its coal exports as Europe moved to other markets after Russia-Ukraine war, , coal exports, russia, asian markets, europe, india, coal, Deepak kannan, s&p global commodity insights
Deepak Kannan of S&P Global Commodity Insights shares how Russia is looking to tap Asian markets for its coal exports as Europe moved to other markets after Russia-Ukraine war, , coal exports, russia, asian markets, europe, india, coal, Deepak kannan, s&p global commodity insights
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Thermal coal prices soar on China policies, weak supply
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Chinaâs protectionist coal policies and a raft of mine disruptions have driven prices for thermal coal to a three-year high, giving Australian miners a surprise boom less than a year after they were mired in a severe slump.
BHP mines thermal coal at Mt Arthur in NSW . the price for quality thermal coal has more than doubled in 10 months.Â
Janie Barrett
Coal-fired power generation may be declining in developed nations such as Australia but it remains a growing industry in parts of Asia and prices for quality NSW thermal coal have more than doubled in the past 10 months on the back of an economic rebound and Chinese market distortions.