No it ain’t. For that to happen, energy buyers in Asia would have to trust that those low prices will remain for more than a decade. And they won’t. But they know that coals prices will always be lower than almost anything else over the longer term. And countries under economic stress have nothing to play with. They go for what they know.
Rudolf Huber was featured in those quality publications
SUBSCRIBE TO THE NEWSLETTER
Fun – information – intrigue – whats your reason for reading my updates?
They also spawn like rabbits. Tired of chasing them down all over the net? I can take away your pain.
Subscribe to my newsletter and every Tuesday, you get a list of all updates plus a full feature article and a collection of Natural Gas prices. It’s easy, it’s free and I promise it will entertain/rile you.
Attention: you will receive a confirmation mail. If you have not received it some time after you pressed the “Sign me up” button, check your spam folder.
All information published on this Web service is for instructional and educational purposes only. It doesn’t mean to provide tax, legal, or investment advice.
Nothing contained on the Web site shall be considered a recommendation, solicitation, or offer to buy or sell a security to any person in any jurisdiction.
Please read the Terms of Service for further information.
Also read the Code of Conduct page for information on required online manners.