Coal Price Meteoric Rise Expected to Continue

摘要

While the entire suite of energy fuels has risen steadily since March, thermal coal prices are set to remain on the rise globally in the next two years, according to a recent report by Louis A. Moscatello, analyst for UBS Investment Research. The firm points to a strong correlation historically in the US between natural gas and coal prices, primarily because of power generators' ability to substitute natural gas units on the margin during maintenance, repairs and peak times.