(EnergyAsia, February 22, Friday) — World coal prices are set to rise sharply this year on the back of soaring demand from power plants and steel mills, and tight supply conditions.Analysts at Goldman Sachs are forecasting an almost 100% price increase for thermal coal, to US$110/tonne.Spot prices for thermal coal have soared 37% this year…
MARKETS: Analysts see sharp rise in world coal prices for 2008
Posted on February 21, 2008 by EnergyAsia