Since the 2020 outbreak pattern has been a major shift in the global economy, its effects on the fields On energy crisis from YiKai had a strong performance, at the beginning, as the first global coal exporter of Indonesia announced the suspension of the coal export 1 month, news, global coal prices, again disturbance in global energy market volatility
Coal super crazy is coming again! Australia and Indonesia rose sharply, India also rose, and Russia's exports to China should double。
However, although Indonesia has resumed coal-related exports, the coal sector is still "stormy"
First, prices are going up
In early February, Indonesia's benchmark coal price rose to $188.38 a tonne, and coal prices are expected to continue to surge due to high demand and tight supply and demand conditions
Australian coal prices have soared this year from less than $100 a tonne at the same time last year to a record high of more than $260 a tonne.
Second, demand or innovative high
Strong demand has been a major factor behind the surge in coal prices, despite a global emphasis on low carbon emissions and a spate of extreme weather events last year Gas prices have soared as well as rapid economic recovery driving under the influence of multiple factors, such as electricity demand picks up global coal demand, while Russia said recently that will expand coal exports to China, expected exports to rise to 100 million tons, compared with about 52 million tons of coal exports to China last year, this year's double exports directly.