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Global Economy Is Failing on Vow to Use Energy More Efficiently
International Energy Agency predicts peak demand for fossil fuels, global energy prices welcome a downward cycle.
The International Energy Agency predicts in its annual long-term report that as the global energy consumer pattern changes, we are entering an era of lower energy prices.
Coal Generates Less Than 50% Of Australian Electricity For First Time
A historic moment for Australia! The scale of coal-fired power generation has fallen below 50% for the first time.
As of Monday, the rolling average of coal-fired power generation in Australia was below 50%, partly due to severe weather affecting the southeastern part of the country, which has stimulated a significant increase in wind power generation.
Fundamental analysis of coking coal: if coking coal prices remain stable at current levels, the profit margins of coke producers will remain healthy
The price of FOB coking coal in Australia has risen slightly, and market expectations of tightness continue to grow. The FOB price of Australian high-quality low volatile (PLV) hard coking coal as assessed by Argus rose 50 cents per ton to $249 per ton, while the price of second-grade hard coking coal rose by $1 per ton to reach $211 per ton FOB Australia.
Fundamental analysis of coking coal: Will Australian coal prices rise in July? The reason is...
Due to the market's expectations of tightening spot supply, the price of first-grade Australian offshore coking coal rose slightly yesterday.
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