As seaborne coal in Asia trades at, or near, record highs, there are early signs of demand destruction, especially among price-sensitive buyers such as India. While global seaborne coal volumes have been trending higher in recent months, the market is increasingly becoming split between those importers willing to pay the high prices, and those cutting …
The post Surging coal prices split Asian buyers into rich and poor first appeared on Hellenic Shipping News Worldwide.
Author: Capt. John
https://www.hellenicshippingnews.com/surging-coal-prices-split-asian-buyers-into-rich-and-poor/