(EnergyAsia, November 9 2012, Friday) — Goldman Sachs expects the price of Australian thermal coal to average around US$105 per tonne over the next two years, and to fall slightly in 2015 and 2016 on weaker Chinese demand and competition from cheaper oil. But high operating costs will support the fuel at US$90 per tonne…
MARKETS: Goldman Sachs sees thermal coal price slipping on weak China outlook and cheaper oil
Posted on November 9, 2012 by EnergyAsia