Web Alert: Considerable Coal Imports Expected For Emerging Asian Markets
01 November 2016
The emerging Asian markets of Bangladesh, Malaysia, Pakistan, the Philippines, Thailand and Vietnam have increased their coal imports by 33% since this time last year and Klaveness Research expect the imports to 'grow considerably'.
These nations have increased their power plants capacity and have either additional capacity under construction or been permitted to create new capacity. The news is likely to ease fears of shippers of coal who expect to see a sharp decline of coal imports into the EU as renewables and gas are increasingly preferred.
For the full article by Klaveness Research click here.