- Coal Investing News - http://coalinvestingnews.com -
Coal term prices expected to rise in China 2010
December 17, 2009 @ 1:02 pm In Coal Market News
Term prices of thermal coal for 2010 in China are expected to rise about 8 percent from this year's levels. This is due to the demand for power has been roaring back due to steady economic recovery.
The news release is quoted as saying:
Six analysts surveyed by Reuters expect term prices for thermal coal, used in power generation, to rise between 5 and 20 percent from this year's levels, with consensus around 8 percent.
Article printed from Coal Investing News: http://coalinvestingnews.com
URL to article: http://coalinvestingnews.com/917/coal-term-prices-expected-to-rise-in-china-2010/
URLs in this post:
[1] Click here to access the entire press release: http://www.reuters.com/article/idUSTOE5B905F20091215
Copyright © 2010 Coal Investing News. All rights reserved.