Coal Is Equal To Gold Study

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Old 28th September 2006, 03:38 PM
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Post Coal Is Equal To Gold Study



Coal prices are about to rise, prices for coal used in power stations used to generate thermal power are expected to rise due to strong demand and shortage of supply. US's largest banks \CITY GROUP also added that prices of steel making coal may fall.
Bottlenecks in rail and port networks in Australia and South Africa are limiting supplies of coal burned in power plants where Indonesian export growth may slow as most of the fuel is used within the country. Demand for thermal coal is increasing in china, India, and European countries. This practice may be adopted from the early 2007

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