• Demand for coal increased sharply in emerging economies

    The demand for low-quality than đá is increasing day by day, in direct proportion to emerging economic growth in Asian countries. This is a common observation recorded from the Nikkei Asia Review.

    Than đá is a fossil fuel, used in manufacturing and processing at coal power plants, steel and alloy industrial parks, etc. The contribution of coal in the production process has helped the country's economy grow sustainably.

    In parallel with the use of than đá for processing and consumption, many conflicting opinions are related to emissions to the environment, which greatly affects the risks of affecting the greenhouse effect. This is a great challenge. And the current solution is to find a viable alternative source, which is more suitable for the domestic economy, and to deploy models of production to limit emissions.

    Than đá prices for current types have significantly decreased compared to previous years. The reason is that the amount of than đá exploited is too much, affecting energy security. Therefore, reducing the selling price to boost supply is one of the common economic strategies.

    Decreasing than đá prices are also an opportunity for countries with high coal demand, such as Asia, to plan for than đá mining and import, especially those with emerging economies. Countries with emerging economies often choose this solution, because it is appropriate to the economic situation as well as the conditions of supply for the purpose of use.

    According to the International Energy Agency, the use of than đá will increase in the coming period, 2020-2030. The total use of coal fuel can be up to 5.4 billion tons for the whole world. Asian market will be a strong growth market in using coal resources for consumption and production.


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