• Coal production in the market and the risk of sudden increase, stronger than oil prices

    Information about increasing gia than in the near future is being paid much attention and monitoring. So what is the initial information to inform you ?! Let us read the following article.

    Gia than could increase sharply, and rise to the top of the world's most expensive fossil fuel source. Coal used to stand out at cheap prices, however, this situation may have changed.


    The peak of oil prices will be the bottom of the gia than and vice versa. Facing the current epidemic situation, the sharp drop in gasoline prices is also the time to predict that coal export prices for trade will rise, and may be as high as ever. If 2019 is a crisis year for the coal industry, 2020 is the peak year for prosperity and recovery.

     

    Gia than are currently under consideration before the final publication, which is analyzed by the equivalent facility name of energy. Australian coal is exported at an average price of 67 USD / ton when oil price is only 27 USD / barrel. Crude oil is even lower.

     

    Regarding the trend of using coal in mining production, European and American markets have made specific moves on stopping and using coal, minimizing to avoid environmental pollution. However, Asia still shows no sign of giving up, even maintaining and at a high level.

     

    Facing the epidemic, the risk of excess oil will be high due to limited transportation. The coal market is also becoming more vibrant with many of the largest sea travelers. US crude oil price will be the lowest ever, strong impact on demand ...

     

    Many analyzes show that April is a sensitive time to show whether the price increases or the gia than remain unchanged. High demand for electricity, coal will also be imported from there, to meet consumer demand.


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