Standardised US coal contracts could boost liquidity
Coal market activity in the US has been affected in recent months by a range of factors. Demand has been stymied by the recession’s grip on manufacturing activity and supply levels have been buoyed by the resulting high inventory levels in the electric power sector. Low natural gas prices have also made coal a less attractive option for end-users, at least in the short-term, while the low-carbon attributes of natural gas have also made it a more attractive long-term option as climate change
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