Coal hits one-year high

Thermal coal price back above $100 but the long-term outlook is less positive
Thursday 11 Jan 2018 Author: Tom Sieber

Power-generating thermal coal has reached its highest levels since late 2016 above $100 per tonne as strong manufacturing activity in Asia and China supports prices.

A lack of new projects amid environmental concerns means supply is tight. Most observers expect any strength in coal to be short-lived as emerging markets eventually follow Europe in phasing out the fossil fuel. (TS)

‹ Previous2018-01-11Next ›

Important information:

These articles are provided by Shares magazine which is published by AJ Bell Media, a part of AJ Bell. Shares is not written by AJ Bell Youinvest.

Shares is provided for your general information and use and is not a personal recommendation to invest. It is not intended to be relied upon by you in making or not making any investment decisions. The investments referred to in these articles will not be suitable for all investors. If in doubt please seek appropriate independent financial advice.

Investors acting on the information in these articles do so at their own risk and AJ Bell Media and its staff do not accept liability for losses suffered by investors as a result of their investment decisions.

The Shares team
Disclaimer

Advertising feature

The value of your investments can go down as well as up and you may get back less than you originally invested. We don't offer advice, so it's important you understand the risks, if you're unsure please consult a suitably qualified financial adviser. Tax treatment depends on your individual circumstances and rules may change. Past performance is not a guide to future performance and some investments need to be held for the long term.