Subscribe to RSS feedAsia’s thermal coal demand falls for first time in a decade
by
Jim Wilson
—
last modified
Jul 03, 2009 04:39 PM
ASIAN demand for imported thermal coal will wane for the first time in 10 years on reduced power consumption in key importing nations, an Australian government forecast has shown.
The Australian Bureau of Agriculture and Resource Economics (ABARE) said demand would fall by 12.9m tonnes, or 3.3%, this year.
This compares with its previous forecast in March for a decrease of 8.9m tonnes, or 2.2%. But ABARE also...
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