- Liquefied natural gas (LNG) and thermal coal prices in Asia have been roaring ahead in recent months amid strong demand.
- But while welcome news for the commodity producers, the rally is a longer-term boon to their main rival, renewable energy.
- Spot LNG prices have nearly doubled since the post-winter low of $5.60 per million British thermal units (mmBtu), ending last week at $10.95.
A recent news article published in the Reuters by Clyde Russell states that Coal and LNG’s surge in Asia plays...
https://mfame.guru/coal-and-lng-prices-surge-in-asian-market-time-for-renewable-energy/