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Home / Metal News / Australian Coal Giant Whitehaven Says Coal Price Rise Will Extend into Next Year

Australian Coal Giant Whitehaven Says Coal Price Rise Will Extend into Next Year

Apr 20, 2022 17:23

Source:SMM

SHANGHAI, Apr 20 (SMM) - Australian coal giant Whitehaven believes the rise in coal prices should extend into next year as the Russia-Ukraine conflict has caused delays and disruptions to the global coal trade.

SHANGHAI, Apr 20 (SMM) - Australian coal giant Whitehaven believes the rise in coal prices should extend into next year as the Russia-Ukraine conflict has caused delays and disruptions to the global coal trade. Whitehaven said in a production report on Wednesday (April 20) that major coal consuming countries including South Korea and Japan will gradually stop importing Russian coal, but the market will not be able to fill the gap caused by reduction in Russia's exports in the short term, and coal prices may remain high for some time.

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