May 20, 2009

The rise and fall of steam coal | 19 May 2009 | www.commodit

In the first half of 2008, coal was a much sought after commodity that steam coal prices soared to record highs. as crude oil rallied to $147 per barrel. A year later and the deepening financial crisis has reversed the fortunes of this commodity. Coal prices are down between 37 to 72% depending on the location.

read more | digg story

0 comments: