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Coal booms as Japan kills it

July 22, 2021 - 13:00 -- Admin

Australian thermal coal has suddenly joined the ranks of crazed commodities. In the past two weeks it has literally gone vertical to prices unseen since pre-GFC: There are heats waves from Europe to China straining power grids triggering this price spike. It is also following the recent LNG price spike given the two energy sources

The post Coal booms as Japan kills it appeared first on MacroBusiness.

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