Coal prices in India have jumped in local auctions after buyers race to procure local fuel amid the market panic that started with the Russian invasion of Ukraine
Rystad Energy is reporting that coal prices have reached their highest level in more than 200 years and are on track to reach 500 US dollar per t this year
Coal prices are soaring, hitting $462 per tonne today, up from $186 on the 23rd of February and likely to pass $500 this year, Rystad Energy research suggests.
Coal prices are soaring, hitting $462 per tonne today, up from $186 on the 23rd of February and likely to pass $500 this year, Rystad Energy research suggests. While most of Europe and the wider world have focused on how Russia’s war in Ukraine has impacted oil, gas and, more recently, nickel prices, relatively little .