(EnergyAsia, April 10 2012, Tuesday) — As its currency rise in value against the US dollar, China’s coastal thermal coal supply will become less competitive against seaborne imports, predicts energy consultant Wood Mackenzie.The UK-based firm said that 857 million tonnes of coal imported into China by 2015 will fall below the 90th percentile of domestic…
CHINA: Coastal supply of coal becoming less competitive against seaborne imports, said Wood Mackenzie
Posted on April 10, 2012 by EnergyAsia