APMDC Suliyari Coal Upcoming MP MSME auction 1,05,000 MT @SBP INR 2730 on 1st April, & MSME PAN INDIA on 2ND April 2024 2,00,000MT@ SBP 2730.

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Coal’s Skyrocketing Prices Could Last Years on Russia Disruption

11 Aug 2022

 

·         Fitch Solutions “substantially” lifts Asian coal price outlook

·         Europe’s plans to wean itself off Russian fuel tightens market

Coal at a thermal power station in Japan.Photographer: Kiyoshi Ota/Bloomberg

 

Coal’s remarkable rise from a fuel left for dead to one of the world’s hottest commodities is likely to last for years.

Europe’s plans to wean itself off Russian fuels will support the coal market in two distinct ways, both of which should keep prices of seaborne cargoes inflated for the near future, according to Fitch Solutions analysts.