The rally in coal prices over the past month has boosted investor sentiment. Admittedly, production in China, the US and Indonesia has finally started to fall. But prices have now risen to levels which may start to tempt some of that supply back to the market and the outlook for demand is still dire. As a result, we still expect prices to fall back over the rest of the year.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.