{"id":6649,"date":"2017-01-14T08:51:34","date_gmt":"2017-01-14T08:51:34","guid":{"rendered":"https:\/\/assocarboni.it\/assocarboni\/?p=6649"},"modified":"2019-05-16T09:46:15","modified_gmt":"2019-05-16T09:46:15","slug":"thermal-coal-least-loved-commodity","status":"publish","type":"post","link":"https:\/\/assocarboni.it\/assocarboni\/thermal-coal-least-loved-commodity\/","title":{"rendered":"Thermal coal. Least loved commodity"},"content":{"rendered":"
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Thennal coal, tagged th\u00e8 least-loved major commodity by analysts, is defying sceptics, with prices rising to th\u00e8 highest level since 2012 because of strong Asian demand. High-grade Australian thermal coal, th\u00e8 benchmark for th\u00e8 vast Asia market, was quoted at $112.60 a tonne yesterday by Argus Media.
\nThe fuel, which is bumt in power stations togenerate electricity, has jumped 130 per cent troni its 2016 lows, boosting th\u00e8 profits of big producers such as Glencore and Peabody. The price of South African thermal coal has hit a six- year high as consumers in Asia scramble forsupplies.
\nWhile thermal coal is being phased out in Europe on environmental grounds, it accounts for about 40 per cent of energy consumption in emergingmarkets,
\nespecially Asia.
\nDemand from India, Japan and South Korea has been robust in th\u00e8 first five months of 2018, while an early-summer heatwave has lifted imports into China despite Beijing\u2019s efforts to keep a lid on domestic coal prices.
\n\u201cA lack of investment in new mines, depletionof existingmines and under- investment in infrastructure have been key factors in coal\u2019s resurgence,\u201d said analysts at Jefferies.
\nThis has helped totighten th\u00e8 balance between supply and demand. There are few new coal mines under development as banks and investors try to bu mish their environmental credentials by shunning fossil fuels. Neil Hume<\/p>\n<\/header>\n

Leggi tutto clicca<\/a><\/p>\n<\/div>\n<\/div><\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"

Thennal coal, tagged th\u00e8 least-loved major commodity by analysts, is defying sceptics, with prices rising to th\u00e8 highest level since 2012 because of strong Asian demand. High-grade Australian thermal coal, th\u00e8 benchmark for th\u00e8 vast Asia market, was quoted at $112.60 a tonne yesterday by Argus Media. The fuel, which is bumt in power stations […]\n","protected":false},"author":3,"featured_media":6641,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[103],"tags":[],"_links":{"self":[{"href":"https:\/\/assocarboni.it\/assocarboni\/wp-json\/wp\/v2\/posts\/6649"}],"collection":[{"href":"https:\/\/assocarboni.it\/assocarboni\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/assocarboni.it\/assocarboni\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/assocarboni.it\/assocarboni\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/assocarboni.it\/assocarboni\/wp-json\/wp\/v2\/comments?post=6649"}],"version-history":[{"count":1,"href":"https:\/\/assocarboni.it\/assocarboni\/wp-json\/wp\/v2\/posts\/6649\/revisions"}],"predecessor-version":[{"id":6650,"href":"https:\/\/assocarboni.it\/assocarboni\/wp-json\/wp\/v2\/posts\/6649\/revisions\/6650"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/assocarboni.it\/assocarboni\/wp-json\/wp\/v2\/media\/6641"}],"wp:attachment":[{"href":"https:\/\/assocarboni.it\/assocarboni\/wp-json\/wp\/v2\/media?parent=6649"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/assocarboni.it\/assocarboni\/wp-json\/wp\/v2\/categories?post=6649"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/assocarboni.it\/assocarboni\/wp-json\/wp\/v2\/tags?post=6649"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}