Coal prices may have reached a peak after hitting a record, though they will remain elevated until the first half of 2022, according to the head of the Philippines’ largest producer.
“At these levels, people will overproduce and then there will be too much supply, so prices will drop,” said Isidro Consunji, chairman of Semirara Mining & Power Corp. He said in an interview Monday that power plants are already switching to other less expensive fuels.
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October 04, 2021 at 12:55PM
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Coal Prices May Have Reached Peak, Top Philippine Miner Says - Bloomberg
"peak" - Google News
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