Tag Archives: coal prices

Higher coal prices in 2016? Don’t bet on it

coalpricespic

Store Norske and the Norwegian government are betting heavily on coal prices rising next year, but don’t expect your broker to advise doing the same.

Coal prices might recover from a worldwide slump, but there’s sharp disagreement about whether it may take one year or many for that to start happening. Numerous reasons for a lengthy low-price trend are cited, including cheap alternative energy sources such as natural gas, increasing production from suppliers in other parts of the world and many countries – including Norway, except for its stance regarding Svalbard – shunning coal because of its environmental impacts.