(EnergyAsia, April 5 2012, Thursday) — Asia’s influence on the global seaborne thermal coal trade will grow with China’s annual demand rising to one billion tonnes by 2030 and India’s to 400 million tonnes, said energy consultant Wood Mackenzie.As a result, thermal coal prices will stay high despite forecasts for supply to rise, said the…
ASIA: China, India to consume total of 1.4 billion tonnes of thermal coal by 2030, prices to stay high, says Wood Mackenzie
Posted on April 5, 2012 by EnergyAsia