Industry news

Since the 2020 outbreak pattern has been a major shift in the global economy, itseffects on the fields On energy crisis from YiKai had a strong performance, atthe beginning, as the first global coal exporter of Indonesia announced thesuspension of the coal export 1 month, news, global coal prices, againdisturbance in global energy market volatility

However,although Indonesia has resumed coal-related exports, the coal sector is still"stormy":

In early February, Indonesia's benchmark coal pricerose to $188.38 a tonne, and coal prices are expected to continue to surge dueto high demand and tight supply and demand conditions.

Australian coal prices have soared this year fromless than $100 a tonne at the same time last year to a record high of more than$260 a tonne.

Second, demand or innovative high

Strong demand has been a major factor behind thesurge in coal prices, despite a global emphasis on low carbon emissions and aspate of extreme weather events last year Gas prices have soared as well asrapid economic recovery driving under the influence of multiple factors, suchas electricity demand picks up global coal demand, while Russia said recentlythat will expand coal exports to China, expected exports to rise to 100 milliontons, compared with about 52 million tons of coal exports to China last year,this year's double exports directly.