Reported 1 day ago
Coal prices are currently at four-year lows due to mild winters and global oversupply, but this situation may not last as investment in new production declines while demand continues to rise, particularly in India and China. With banks hesitant to finance new coal projects, the market could face a significant supply squeeze in the near future, potentially leading to higher prices and raising concerns over climate targets as countries increasingly rely on coal to meet energy demands.
Source: YAHOO